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According to Rent-Seeking Theory, Which Group Is Most Likely to Benefit

question 26

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According to rent-seeking theory, which group is most likely to benefit from representative democracy?


Definitions:

State Constitutions

Documents that set forth the structure, function, and limits of different state governments within the United States.

Indentured Servitude

A labor system prevalent in the American colonies and other parts of the world, where individuals worked for a contracted period in exchange for transportation, food, lodging, and at the end of their contract, often received "freedom dues" including land or money.

All But Disappeared

A phrase describing something that has virtually vanished or diminished to the point of near extinction.

United States

A country primarily located in North America, consisting of 50 states, a federal district, five major self-governing territories, and various possessions.

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