Question

In: Economics

Hello, I need to choose a special-interest group from the U.S. industry and examine their role...

Hello,

I need to choose a special-interest group from the U.S. industry and examine their role in politics. Summarize your findings using at least 250 words and provide a minimum of one reference.

Solutions

Expert Solution

An interest group is an organisation whose members share common issues and attempt to influence policies of government that affect those issues.

An interest group is an organisation whose members share common issues and attempt to influence policies of government that affect those issues. Elected officials often complain about the influence of "unique interests" on American politics. However, the reality is that interest groups work intimately with representatives of Congress and the administration to draft legislation and policy projects, provide government and the public with data on a wide spectrum of topical problems and make a significant contribution to political campaigns.

Interest groups can be classified as to the groups that they represent. Examples of economic interest groups include the following:

  • Big business (National Association of Manufacturers)
  • Big unions (AFL-CIO)
  • Trade associations concerned with a particular industry or segment of the economy (American Petroleum Institute)
  • Organizations of professionals (American Medical Association)

The aim of these organizations is to safeguard their customers or members ' financial well-being. For example, the AMA has long opposed Medicare and the development of health maintenance organizations (HMOs) in favor of traditional fee-for-service as "socialized medicine."

The American Medical Association (AMA) represents physicians throughout the nation, encourages care norms, and publishes a number of medical journals. Traditionally, the association has endorsed Republican applicants, agreeing with the GOP on problems such as reform of medical abuse.


Related Solutions

Hello, I need to do a research and I choose my research question: Do the commercialization...
Hello, I need to do a research and I choose my research question: Do the commercialization and use of civilian drones respect our individual freedoms and privacy? Can you help me with ideas of Research Methodology including: 1. Restatement of research tasks: hypothesis or research questions; 2. Study population and sampling: description of study areas (where? why?), populations and the procedures for the sample selection; 3. Data collection: description of the tools (i.e. the survey instrument) and methods used (i.e....
Hello! I have a question regarding accounting 101 for a group project, I need to find...
Hello! I have a question regarding accounting 101 for a group project, I need to find the financial statements for JcPenney for the fiscal year of 2019. So far, when I look up the financial statements for 2019, all I seem to find are NON-GAAP financial reports for the company's fiscal year of 2019. I need GAAP financial reports for JcPenny and the statements I need are: Income statement, Statement of stockholders' equity, balance sheet, and statement of cash flow....
Hello I need some assistance with these questions I need not so long answers but not...
Hello I need some assistance with these questions I need not so long answers but not too short please Give some examples of How much decisions. What are the implicit costs of having an Airbnb in your neighborhood? What is marginal analysis? What is marginal cost? Under what conditions do marginal costs increase?
Hello, I need to develop a presentation on the International Trade Theory. I need at least...
Hello, I need to develop a presentation on the International Trade Theory. I need at least information for 3 slides and a conclusion. Thanks!
Hello..I need a presentation (not copy paste from the internet, comprehensive and detailed) on the topic...
Hello..I need a presentation (not copy paste from the internet, comprehensive and detailed) on the topic of 6lowpan in networks and the topic is necessary
Hello, I need some advice on the case below. I need to know some arguments for...
Hello, I need some advice on the case below. I need to know some arguments for how Kant's ethics applies to this case, and why other people who believe in the Kantean theory of ethics would also support the arguments. I need to use Kants theory to determine if this is morally correct or incorrect. Casino Gambling on Wall Street Case 4.5 Casino Gambling on Wall Street CDO stands for “ collateralized debt obligation,” and before the financial meltdown of...
This is a post from one of my classmate from a group discussion. I need a...
This is a post from one of my classmate from a group discussion. I need a response for this post. Thanks! “Imperialism refers to an imbalance of power in the political sphere, usually among nations. It happens when a stronger nation takes over a weaker one and seeks to gain control of its people, economy and culture.” When you look at the effects on Africa, it is hard to believe that there was a benefit for its native people. When...
Choose an Interest Group _________________ What circumstances caused this interest group to form? When did they...
Choose an Interest Group _________________ What circumstances caused this interest group to form? When did they form? What is its history? What incentives (solidary, material, or purposive) does this group offer members? What type (economic, environmental, etc.) of interest group is it? Why? What makes this interest group powerful (i.e. size and resources, leadership, cohesiveness, etc.)? What congressperson(s) has/have this interest group supported? Why? What bill(s) has this interest group been successful in influencing and/or opposing?
The Brennon Group is a U.S. hedge fund that wants to benefit from the interest rate...
The Brennon Group is a U.S. hedge fund that wants to benefit from the interest rate differential between the euro area and Japan. A euro (€) costs $1.07 today, while a yen (¥) costs $0.0088 today. The fund expects the exchange rates to still be $1.07 per euro and $0.0088 per yen in 5 months. Current annual interest rates are as follows: Currency Euro Yen Borrowing rate 7.5% 6.8% Lending rate 4.7% 4.3% The fund doesn't want to invest any...
Examine four (4) major trends in the special events industry which are beneficial to organize a...
Examine four (4) major trends in the special events industry which are beneficial to organize a private burial for her mother in-law
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT