Resources employed to persuade the government to redistribute income and wealth to special interests are unproductive.

Question

Quizplus · Accepted Answer

Resources employed to persuade the government to redistribute income and wealth to special interests, such as lobbying and campaign contributions, do not contribute to the production of goods and services and therefore do not add to overall economic growth. Instead, they allocate resources towards rent-seeking activities that do not create value for society as a whole.

Resources Employed to Persuade the Government to Redistribute Income and Wealth