Question

absolute monarchy

authoritarian dictatorship

democratic government

Answer 1

Which term describes the choices that people must make to meet their wants and needs?

(1 point)
Responses

supply

supply

demand

demand

opportunity cost

opportunity cost

producers

Answer 2

absolute monarchy: A form of government where a monarch holds supreme power and the succession is usually hereditary. The monarch has unrestricted power and control over the government and the people.

authoritarian dictatorship: A form of government where a single leader or a small group exercises absolute power and control over the government and the people. The leader(s) maintain tight control, restrict political freedoms, and suppress dissent.

democratic government: A form of government where power is vested in the people and exercised through elected representatives. In a democratic government, citizens have the right to participate in decision-making processes, freedom of speech, press, and assembly, and equal rights and protections under the law.

Answer 3

The term that describes the choices that people must make to meet their wants and needs is opportunity cost.