Asked by SolarZ EclipXz on Sep 26, 2024

When a coalition of credit card companies forms an interest group called the Partnership to
Protect Consumer Credit,this suggests that

A) credit card companies are interested in the public good.
B) private interests are hiding behind the ideals of public interests.
C) public interest groups are now actively involving private corporations.
D) the free-rider problem does not apply to private corporations.

Partnership

A legal form of business operation between two or more individuals who share management and profits.

Protect

To defend or safeguard from harm, danger, or loss, often pertaining to individuals, groups, or entities.

Consumer Credit

A type of personal loan extended to individuals to purchase consumer goods and services, typically involving interest charges.

  • Appreciate the particular attributes and motivations behind public interest groups in contrast to various other interest groups.
  • Recognize the differences between types of interest groups and their contributions to political lobbying and influencing policy.