Question

In: Finance

In your own words, please define the term interest group. How is an interest group different...

In your own words, please define the term interest group.

How is an interest group different from a political party? What does it mean when an interest group endorses a political candidate?

Solutions

Expert Solution

NO INTEREST GROUP DO NOT ENDORSE ANY POLITICAL CANDIDATE

Interest groups are groups of people that share similar ideas on specific issues and that come together to influence public opinion. Yet, interest groups do not run for elections and do not necessarily support individual candidates but they do seek the abolition or the approval of specific laws by lobbying and campaigning. Interest groups can include:

  • Corporations;
  • Businesses;
  • Labor unions;
  • Social groups; and
  • Student unions.

Political Parties vs Interest Groups : Comparison Table

Building on the differences highlighted in the previous section, we can identify few other aspects that can differentiate political parties from interest groups:

Political Parties Interest Groups
Political participation Political parties are deeply involved in the electoral process and in the political sphere of the country. They run political campaigns and support one (or more) of their members in the run for office. Interest groups are involved in the political sphere of the country but they do not directly participate in elections, although they can support one candidate or one political party that shares their point of view.
Independence Political parties are often accused of prioritizing the interests of influent individuals or rich corporations that support their political campaigns with generous donations. Interest groups try to raise money and awareness to promote their ideas and engage in lobbying activities, but are often more independent than political parties – although they can be employed by corporations or politicians to promote a specific (and manipulated) view.


PLEASE APPRECIATE THE WORK


Related Solutions

THIS IS A HEALTHCARE CLASS. In your own words, how would you define the term “health”?...
THIS IS A HEALTHCARE CLASS. In your own words, how would you define the term “health”? What do you believe are some strategies to improve someone’s health? Explain your response.  
PLEASE HEEELP - In your own words define Ideal Customer Profile - explain how can an...
PLEASE HEEELP - In your own words define Ideal Customer Profile - explain how can an ideal customer profile gives value to a company beside buying its products.
Define the following terminologies in your own words. You must use layman’s term or regular words...
Define the following terminologies in your own words. You must use layman’s term or regular words that will be understood by a non-IT professional. In addition, recommend hardware or software solution/product for each network security component if feasible. You must provide a credible website where additional information on the topic is available. In addition, you must include an executive summary in your report. DMZ (Demilitarize Zone) Security Information and Even Management (SIEM) Access Control Antivirus Antimalware software Application Security Behavioral...
Define, in your own words, positional power and its role in public administration. Describe how different...
Define, in your own words, positional power and its role in public administration. Describe how different types of positional power might play out in different public administration arenas (i.e., local, state, and federal)? How does positional power influence intergovernmental interactions (i.e., local, state, and federal)?
Define each term in Hubble’s Law and explain its significance in your own words
Define each term in Hubble’s Law and explain its significance in your own words
1. In your own words, define danger as the term relates to forensic questions. In other...
1. In your own words, define danger as the term relates to forensic questions. In other words, define the term danger as we use it in regard to psycho-legal questions. What is danger (forensically, speaking; not according to a dictionary definition)? 1b. Is using the PCL – R an example of a Clinical Prediction Model or an Actuarial Prediction Model? What does the PCL – R measure (what is a metric of), and how does it assess (measure) danger? Please...
For this discussion post: Define the term finance, in your own words. Describe areas in which...
For this discussion post: Define the term finance, in your own words. Describe areas in which you currently make financial decisions. Share an example or two of both good and bad financial decisions you have observed. Explain how the study of the principles of finance might improve both your professional and personal financial decisions.
10.1 In your own words please define in a paragraph or less the following terms and...
10.1 In your own words please define in a paragraph or less the following terms and their relationship which each other: IT governance, IT Budget, Management of Role in IT initiatives.
In your own words, explain the significance of the term 'fag', how it is used, and...
In your own words, explain the significance of the term 'fag', how it is used, and how Pascoe's study helps explain the concept of 'hegemonic masculinity'.
Describe the term Standard Deviation: Describe the term Sharpe Ratio: Please answer in your own words...
Describe the term Standard Deviation: Describe the term Sharpe Ratio: Please answer in your own words and make sure it's correct 100%
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT