In the context of political contributions, what are PACs?

Political Action Committees, or PACs, serve as crucial entities within the political finance landscape. They are formed to raise and distribute funds to the campaigns of candidates, particularly for electoral races. PACs can support candidates who align with their interests and objectives, which makes them significant players in influencing elections and policies.

PACs operate under regulations that govern campaign finance, allowing them to collect contributions from members or affiliated groups. They are typically associated with a specific interest, industry, or corporation, advocating for particular political causes or policies through financial support for candidates who endorse their positions. Their role in raising money and contributing to campaigns enables them to enhance their influence in the political arena, making them instrumental in shaping electoral outcomes.

The other options do not accurately capture the purpose of PACs. While some may discuss monitoring election fairness or regulating political activities, these functions are not inherent to what PACs do; they are primarily focused on funding candidates.