Examlex
You utilize present and future value concepts in investment, purchase, and retirement decisions.
Authoritarianism
A form of government characterized by strong central power and limited political freedoms. Individual freedoms are subordinate to the state and there is no constitutional accountability under an authoritarian regime.
Oligarchy
A form of government where power effectively rests with a small number of people, distinguished by royalty, wealth, family ties, education, corporate, or military control.
Aristocracy
A class of people considered to have superior status or privileges, often inherited, based on noble lineage, wealth, or titles.
Direct Democracy
A form of democracy where the people vote on policies directly, rather than through elected representatives.
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