What Distinguishes a Kleptocracy from Other Types of Authoritarian States

question 4

Multiple Choice

What distinguishes a kleptocracy from other types of authoritarian states?

• A)Kleptocracies mainly function according to cultural and religious customs.
• B)Kleptocracies are secretly run by an oligarchy rather than by the official leader.
• C)The mass media in a kleptocracy is run by the middle class rather than the government.
• D)Power in a kleptocracy is a means for distributing favors among privileged elites rather than an end in itself.

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Definitions:

Implicit Costs

Input costs that do not require an outlay of money by the firm

Outlay

The amount of money spent on a particular item or service, serving as expenses in financial transactions or projects.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing between options.

Capital

Economic resources that are used to create goods and services, such as buildings, machinery, and equipment.