Organizations That Act to Secure the Interests of Local, State

question 76

Multiple Choice

Organizations that act to secure the interests of local, state, or foreign governments in the political process are known as

• A)economic interest groups.
• B)public interest groups.
• C)governmental interest groups.
• D)professional interest groups.

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Definitions:

Specialized

Having expertise or focusing on a specific area of knowledge, function, or skill.

Trade

The exchange of goods and services between individuals or entities, often in different countries or economies.

Production Possibilities

The various combinations of goods and services an economy can produce given its available resources and technology.

Opportunity Cost

The price paid for not selecting the second-best choice when deciding between options.