The Meaning of the Word "Democracy" Varies from One Society

question 85

True/False

The meaning of the word "democracy" varies from one society to another but never within a given society.

---

Definitions:

Absolute Advantage

A condition where a country, individual, or company can produce a good or service more efficiently than competitors using the same amount of resources.

Opportunity Cost

The opportunity cost incurred by choosing a specific alternative over others.

Teddy Bears

Plush toys resembling a bear, typically designed for children.

Toy Trains

Toy trains are scale models of trains intended for play or collecting, often part of a larger hobby involving detailed landscapes and elaborate track layouts.