What do they do and how do they work?
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A think tank is an organization that does policy research, advocacy, and consulting. Most of them specialize in specific field, such as economic policy, foreign relations, healthcare…etc. They do their research, advocacy, and consulting work for governments, businesses, and various other organizations. They are typically, but not always, nonprofit organizations. Some of them are politically neutral and others are associated with specific political parties. Some are more mainstream and legitimate while others are more fringe and basically soapboxes for shady lobbying efforts.
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