Realignments Seem to Occur When the Old Party System Is

question 230

Multiple Choice

Realignments seem to occur when the old party system is unable to accommodate or solve problems that develop

• A) during a war.
• B) when a new political party appears.
• C) when there is a surge in the economic system, during periods of rapid industrialization.
• D) during substantial social, economic, and cultural change.
• E) when voter turnout increase.

---

Definitions:

Ultimatum Games

A type of game in experimental economics where two players interact to decide how to divide a sum of money; one proposes the split, and the other accepts or rejects it.

Endowment Effect

A psychological phenomenon in which people assign higher value to things merely because they own them.

Loss Aversion

In prospect theory, the property of most people’s preferences that the pain generated by losses feels substantially more intense than the pleasure generated by gains.