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Sometimes referred to as "protectionist groups", "private interest groups" or simply "interest groups". [1] Such groups are normally exclusive, as their membership is usually restricted to the section of society whose interests they represent: for example the British Medical Association (as those seeking to join the BMA must be medical practitioners or students training to enter the profession ...
Advocacy groups, also known as lobby groups, interest groups, special interest groups, pressure groups, or public associations, use various forms of advocacy or lobbying to influence public opinion and ultimately public policy. [1] They play an important role in the development of political and social systems. [2]
In social science and economics, public interest is "the welfare or well-being of the general public" and society. [1] While it has earlier philosophical roots and is considered to be at the core of democratic theories of government, often paired with two other concepts, convenience and necessity, it first became explicitly integrated into governance instruments in the early part of the 20th ...
Political scientist Thomas R. Dye said that politics is about battling over scarce governmental resources: who gets them, where, when, why and how. [8] Since government makes the rules in a complex economy such as the United States, various organizations, businesses, individuals, nonprofits, trade groups, religions, charities and others—which are affected by these rules—will exert as much ...
The public interest theory of regulation claims that government regulation acts to protect and benefit the public. [1] The public interest is "the welfare or well-being of the general public" and society. [2] Regulation in this context means the employment of legal instruments (laws and rules) for the implementation of policy objectives.
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Lobbying is a form of advocacy, which lawfully attempts to directly influence legislators or government officials, such as regulatory agencies or judiciary. [1] Lobbying involves direct, face-to-face contact and is carried out by various entities, including individuals acting as voters, constituents, or private citizens, corporations pursuing their business interests, nonprofits and NGOs ...
The post Investing in Private REITs vs. Public REITs appeared first on SmartReads by SmartAsset. Real estate investment trusts (REITs) are a popular choice for investors looking to add real estate ...