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What is the highest bond rating assigned by Standard and Poor's?
Constitutional Monarchy
A form of government where a monarch acts as the head of state within the parameters of a constitution.
Authority
The legitimate right to wield power.
Totalitarianism
A political system in which the state holds total authority over society and seeks to control all aspects of public and private life wherever possible.
Authoritarianism
A system of governance in which power is concentrated in the hands of a single authority, often with limited political freedoms.
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