A Regime Involving an Individual or Small Group Taking Power

question 60

Short Answer

A regime involving an individual or small group taking power and using repression and other techniques to maintain it is called______________ .

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Definitions:

Price Level

Refers to the average of current prices across the entire spectrum of goods and services produced in the economy.

Production

The process of combining various material inputs and immaterial inputs (plans, knowledge) to make something for consumption.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate measure of an economy's size and growth rate over time.

Real GDP

The measure of a country's economic output adjusted for price changes (inflation or deflation), reflecting the true value of goods and services produced.