What Is It Called When There Is a Formal, Established

question 33

Multiple Choice

What is it called when there is a formal, established relationship between certain interest groups and state power?

• A) Capitalism
• B) Pluralism
• C) Cronyism
• D) Corporatism

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Definitions:

Regressive

Referring to a tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on lower-income earners.

Progressive

Pertaining to political, social, or economic beliefs favoring or promoting changes, reforms, or innovations.

Personal Taxes

Taxes levied on individuals based on their income, wealth, or property ownership, affecting disposable income and purchasing power.

Personal Income

The total amount of income received by an individual or household from all sources before taxes.