Public choice theory suggests that politicians will be most likely to favor redistribution of income from the rich to the poor. unorganized taxpayers to well-organized interest groups. well-organized business groups to consumers. none of the above.

Question

Business

Reece Costa

20 January, 09:03

Public choice theory suggests that politicians will be most likely to favor redistribution of income from the rich to the poor. unorganized taxpayers to well-organized interest groups. well-organized business groups to consumers. none of the above.

+2

Answers (2)

Know the Answer?

Yusuf Bean · Answer 1

The correct answer is unorganized taxpayers to well-organized interest groups.

Explanation:

Public choice theory seeks to study the problems of political science applied to economics. A positive public election means that the decisions of politicians face the needs of civil society. In the case of the example, it is easy to determine towards whom the work of people in political positions should be oriented, and it is by definition to unorganized communities with some type of unsatisfied basic need.

Trent Blackwell · Answer 2

well-organized business groups to consumers.

Explanation:

The Public Choice theory was developed in the 1960s in the Chicago School of Economists and it basically critiqued the public bureaucratic model. Public administration is inefficient and ever growing, and it leaves citizens with no other choice than to accept the services that they offer (monopoly of the state).

It calls for larger participation of private firms and organizations in providing public choices (alternative services). Since bureaucracy is not subject to market forces, it becomes inefficient and unresponsive, even though the motivation of public servants should be to maximize society's well-being.

One of its main proposals was to advocate for private players to supply public goods in order to break state monopolies.