Question

Select all of the following that are true regarding PACs (political action committees) and interest groups.

Answer 1

Answer:

C and D

Explanation:

Answer 2

PACs (political action committees) and interest groups is a common name given to a political committee established to gather and spend money to elect and defeat candidates.

The history of PAC is traced back to 1944, when the Congress of Industrial Organizations (CIO) was established to gather money for the re-election of President Franklin D. Roosevelt.

PAC and Interest groups are characterised by the following amongst others:

• PACs usually embody corporate, labor or ideological interest;.
• PACs can give up to $5,000 to a candidate committee per election or a maximum of $15,000 annually to any national party committee;
• the PACs corporate bodies are also known to usually favour Republican politicians; and
• Over the years their contribution has increased to more than $500 million.

Hence, in this case, the correct answer is option C and D