Using potentially productive resources to try and obtain transfers from the government is called _____.

Question

Quizplus · Accepted Answer

Rent seeking is the act of using resources to obtain benefits or transfers from the government, instead of using those resources for productive activities. This can include lobbying, seeking subsidies, or seeking protective regulations that benefit a specific industry or group. Vote trading and logrolling both refer to political strategies used to gain support for a particular policy or proposal. Agenda control refers to the ability to determine the issues or policies that are discussed or prioritized by a political system.

Using Potentially Productive Resources to Try and Obtain Transfers from the Government