Why Is Voting on the Floor a Member's Most Important

question 49

Essay

Why is voting on the floor a member's most important job while in Washington, D.C.? Given the importance of voting, discuss what members might take into account when deciding how to vote. Be sure to support your answer with a rationale for why members might care about the factors they take into account when voting.

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Definitions:

Black Markets

Illegal trading of goods and services that occurs outside the official channels sanctioned by authorities.

Price Ceilings

An imposed limit on the price charged for a product or service, often set by government regulation to protect consumers from excessively high prices.

Market Intervention

Market intervention is the action taken by a government or a regulatory authority to affect the market for a particular good or service, typically to correct market failures.

Price Floor

A government- or authority-imposed price control or limit on how low a price can be charged for a product, service, or commodity.