This Refers to a Political System in Which Government Is

question 93

Multiple Choice

This refers to a political system in which government is by the people,exercised either directly or through elected representatives.

• A)Totalitarianism
• B)Authoritarianism
• C)Democracy
• D)Dictatorship

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Definitions:

Input Prices Rising

A condition where the costs of the raw materials and components needed for production increase.

Fall in the Price

A decrease in the market price of a good or service over a specific period of time.

Number of Sellers

The total count of individual or entities offering a particular good or service in a market.

Future Price Increases

Future price increases refer to anticipated rises in the price level of goods or services over a certain period, often due to factors like inflation, cost increases, or higher demand.