Groups that exist to promote favorable economic conditions and economic opportunities for their members, are referred to as ________________ groups.

Question

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The term "economic interest groups" refers to organizations that represent the economic interests of their members, such as trade associations, labor unions, and professional associations. These groups aim to promote favorable economic conditions and opportunities for their members, often through lobbying and advocacy efforts aimed at shaping government policies related to taxation, regulation, and other economic issues. Choice B) self-help and choice C) self-interest do not accurately capture the focus of economic interest groups, while choice D) social interest and choice E) governmental interest are not commonly used terms in this context.

Groups That Exist to Promote Favorable Economic Conditions and Economic