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How do bureaucracies acquire capital? (James Q. Wilson)

1 Answer

4 votes

Final answer:

Bureaucracies acquire capital through investments in human capital, maximizing budgets, and government funding.

Step-by-step explanation:

Bureaucracies acquire capital through various means. One way is by making investments in human capital, such as hiring and training employees, to increase their productivity and efficiency. Additionally, bureaucracies may seek to maximize their budgets by depleting all their allotted resources each year, making it more difficult for legislators to cut their future budgets. They may also rely on government funding and investments in infrastructure to acquire capital indirectly.

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User Sahan Maldeniya
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