When Politicians Support Policies That Benefit Small Interest Groups, Such

question 193

Multiple Choice

When politicians support policies that benefit small interest groups, such as farmers, at the expense of unorganized, widely dispersed groups, for example, taxpayers or consumers, this is a reflection of the

• A) tragedy of interest.
• B) special-interest effect.
• C) unorganized interest effect.
• D) shortsightedness effect.

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Definitions:

Wartime Economy

An economic phase in which a country's economy is significantly influenced or dominated by the demands of war production, often leading to rapid changes in manufacturing and labor.

Wartime Revenue Acts

A series of laws enacted to increase federal revenue to fund military operations during times of war, often involving taxes on income, profits, or goods.

Income Tax

A tax levied by the government directly on individuals' or entities' income.

Labor Force

The total number of people, both employed and unemployed, who are actively looking for work.