A State of Governance Where the Rulers Eventually Hold Absolute

question 16

Multiple Choice

A state of governance where the rulers eventually hold absolute bureaucratic power resulting from the gradual, but progressive disengagement of citizens from democracy, is best termed:

• A) the bureaucratic machine.
• B) administrative despotism.
• C) grounded knowledge.
• D) legitimization crisis.

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Definitions:

Dividends

Payments made by a corporation to its shareholders, typically in the form of cash or additional shares, as a distribution of profits.

Dividend-payout Ratio

The fraction of net income a firm pays to its shareholders in dividends, expressed as a percentage of the company’s total earnings.

Growth Rate

The rate at which a company, economy, or investment grows over a specific period, often expressed as a percentage.

Financial Leverage

Financial leverage is the use of borrowed funds to increase an investment's potential return, which also increases the risk of loss.