This topic contains a solution. Click here to go to the answer

Author Question: Distinguish between public interest groups and economic groups and provide examples of each. ... (Read 114 times)

09madisonrousseau09

  • Hero Member
  • *****
  • Posts: 559
Distinguish between public interest groups and economic groups and provide examples of each.
 
  Answer:

Question 2

What is the free rider problem? Describe one way that an interest group can overcome this problem.
 
  Answer:



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

KKcool

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

An ideal response will:
1. Describe public interest groups as groups that seek collective goods or to provide benefits for society as a whole.
2. Describe economic groups as groups that represent the interests of particular firms or businesses within an industry.
3. Provide one or more examples of actual public interest groups.
4. Provide one or more examples of actual economic groups, such as specific corporations or trade associations.

Answer to Question 2

An ideal response will:
1. Explain that the free rider problem occurs when individuals can receive the benefits of collective action without having to contribute to the effort. As a result, they have no incentive to participate.
2. Describe one way that an interest group can overcome this problem, such as by providing tangible incentives to members. These benefits can be reserved to those who contribute, thus creating an incentive for individuals to join the group.




09madisonrousseau09

  • Member
  • Posts: 559
Reply 2 on: Jul 10, 2018
:D TYSM


vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

For a complete list of videos, visit our video library