How Was It Possible That the Literary Digest Erroneously Predicted

question 37

Essay

How was it possible that the Literary Digest erroneously predicted that Republican Alf Landon would beat incumbent Democrat Franklin Roosevelt in his 1936 bid for reelection,despite having obtained over 2 million responses to its poll?

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Definitions:

Binding Price Ceilings

Regulatory limits on the price of goods and services that are set below the market equilibrium price, causing shortages.

Consumers

People or organizations that use economic goods and services for personal, household, or organizational purposes.

Price Ceilings

A legal maximum on the price at which a good can be sold, often set by government.

Sellers

Sellers are individuals or entities that offer goods or services in exchange for payment.