How do economic resources influence political power? 🔊
Economic resources significantly influence political power by determining who can effectively compete in the political arena. Wealthier individuals or organizations can often fund campaigns, lobby more effectively, and access political networks that others cannot. This creates an imbalance where financial resources translate into greater influence over policy-making. Economic disparities can also contribute to systemic inequality, affecting voter participation and access to political processes. Ultimately, a well-resourced political environment can disproportionately favor the interests of the wealthy, leading to policies that may not reflect the needs of the broader population.
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