Examlex
Explain why banks can influence the money supply if the required reserve ratio is less than 100 percent.
American Democracy
A system of government where power is vested in the people, who rule either directly or through freely elected representatives.
Popular Democracy
A form of democracy that emphasizes the participation of the general populace in governance and decision-making processes.
Twenty-sixth Amendment
An amendment to the United States Constitution that lowered the voting age from 21 to 18 years, ratified in 1971.
Federalists
Advocates for a strong federal government, dominating American politics in the late 18th century, known for supporting the ratification of the U.S. Constitution.
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