The First Organized Interest Groups Arose in Response to the

question 13

Multiple Choice

The first organized interest groups arose in response to the

• A) debates about the ratification of the Constitution.
• B) Civil War.
• C) economic interventions of the federal government during the 1890s.
• D) New Deal policies during the 1930s.
• E) New Politics movement of the 1960s.

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Definitions:

Complement

A good whose demand increases when the price of another good decreases. Examples include a parking lot and shopping mall or a hamburger and a hamburger bun.

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity demanded by consumers at various price levels.

Normal Good

A type of good for which demand increases as the income of the consumer increases, reflecting a direct relationship between income and demand.

Inferior Good

A type of good whose demand decreases as the consumer's income increases, opposite to normal goods.