Discuss the Organization of the Athenian Democratic System

question 103

Essay

Discuss the organization of the Athenian democratic system. Was it a democracy? In what ways is Athenian democracy similar to American democracy? In what ways is it different?

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Definitions:

Incentive Fee

An incentive fee is a fee charged by a fund manager based on the fund's performance, encouraging the manager to achieve superior returns.

Benchmark

A standard or point of reference against which the performance of a security, mutual fund, or investment manager can be measured.

Management Fee

A charge paid to a company's managers for their services, often a percentage of managed assets or profits.

Net Return

The profit or loss from an investment after all expenses, including taxes, fees, and costs, have been subtracted.