Answer to Question 1
Answer:
A. Funding Options for Interest Groups
1. internal funding; raising money for the ongoing political actions of the interest group
a. depends on size and composition of the group
1. larger groups more successful than smaller groups
2. affluent members can help smaller groups financially
b. levy membership dues for internal operations
1. organization structure important
2. high membership commitment does not have trouble with funds
3. groups with cohesion problems may need to look to fundraising instead
2. external funding; political action committee
a. raise and distribute money for political campaigns
b. individuals can contribute voluntarily
c. important to have a PAC in order to have a foothold in policy making process
Answer to Question 2
Answer:
A. Advantages of joining an interest group
1. allows for participation in the political process
2. gives individuals the opportunity to share their opinions on issues that directly impact their lives
3. gives individuals the ability to have input on policies that will affect livelihood and businesses
B. How involvement affects society
1. support issues that affect legislative policies and create actual change
a. as a student: tuition costs, resident requirements, curriculum mandates
b. as an employee: professions represented by interest groups that provide avenue for input on decisions that will directly affect how you do your job
c. as a senior: state retirement and tax breaks
2. Getting involved in an interest group can help you protect and monitor policy affecting your own life as well as the lives of everyone in society
a. gives individuals within a society a way to influence and monitor government and their legislation and policies
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How to calculate simple interest (Part 3)
After 159 days,she paid a maturity value of $11,626, which included interest of $814.
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