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.
absolute monarchy
authoritarian dictatorship
democratic government
3 answers
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
(1 point)
Responses
supply
supply
demand
demand
opportunity cost
opportunity cost
producers
The term that describes the choices that people must make to meet their wants and needs is opportunity cost.