Which Term Refers to a System in Which Elites and Organized

question 85

Multiple Choice

Which term refers to a system in which elites and organized interests have a high degree of autonomy,including their own separate social institutions,and play a special and distinctive role?

• A) corporatism
• B) consociationalism
• C) pluralism
• D) polyarchy

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Definitions:

Induced Consumption

Consumer spending that increases as income rises, and decreases when income falls, reflecting a direct relationship between income and consumption.

Consumption Function

An economic formula that represents the relationship between total consumption and gross national income.

Annual Consumption

The total amount of goods and services used or consumed by individuals or groups within a one-year period.

Disposable Income

Disposable income refers to the amount of money that households have available for spending and saving after income taxes have been accounted for.