Examlex
All of the following are examples of financial innovations that have decreased the demand for money EXCEPT
Democratic Government
A system of governance where power is vested in the people, who have the authority to elect representatives and make decisions through a majority vote.
Social Preconditions
Conditions or social factors that must exist within a society for certain developments, behaviors, or changes to occur.
Power Resource Theory
A theory in political sociology that suggests the balance of power between classes, and the social and political power they hold, shapes the nature of the state and public policies.
Elite Theory
Elite theory posits that a small minority, consisting of members of the economic elite and policy-planning networks, holds the most power, and that their power is independent of democratic elections.
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