Which of the Following Is the Political System in Which

question 97

Multiple Choice

Which of the following is the political system in which government is by the people,exercised either directly or through elected representatives?

• A) despotism
• B) democracy
• C) totalitarianism
• D) collectivism
• E) tribalism

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Definitions:

Money Concept

A financial principle that emphasizes the role of currency in transactions and as a measure of value in the economic system.

Net Present Value Method

A financial analysis technique that discounts all cash flows associated with a project to their present value to help assess the project's profitability.

Capital Investment Analysis

Involves evaluating the potential profitability and risks of investments made in long-term assets to determine their feasibility and impact on a company’s future.

Average Rate of Return

It calculates the return, generated over a period of time, of an investment compared to the initial investment.