This topic contains a solution. Click here to go to the answer

Author Question: Differentiate between the following three political regimesmonarchy, dictatorship, and ... (Read 47 times)

Sufayan.ah

  • Hero Member
  • *****
  • Posts: 512
Differentiate between the following three political regimesmonarchy, dictatorship, and representative democracy.
 
  What will be an ideal response?

Question 2

Consider the total cost of traveling from point A to point B.
 
  The cost of traveling by car would include the cost of gasoline and the opportunity cost of time; the cost of hopping on a bus would include the bus ticket and the opportunity cost of time. Assume that the bus ticket costs less than the gasoline. Does this imply that using a bus to get to the destination involves lower total costs than getting there by car? What if the bus doesn't take the fastest route from point A to point B?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katheyjon

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

In a monarchy, a king or an emperor has the ultimate ruling power. He (or she, in the case of a queen or empress) chooses policies and decides whether to go to war and how much tax to impose on his subjects, though in practice many decisions are delegated to administrators and relatives. Althoughthe power of kings and emperors is not unlimited as they could be deposed, we normally think of their power as nearly absolute.
A dictatorship is the general name given to nondemocratic regimes ruled by a single person (a dictator) or a junta consisting of a small group of soldiers or rulers. Crucially, dictatorships do not hold elections to choose the key executives, and those in power are not replaced through elections. Policies in dictatorships are not responsive to the wishes of the citizens.
In a representative democracy, citizens vote for different candidates who, if elected, hold public office for a period of time and then make policy choices. At the end of their term, or sometimes even before, they can be voted out of office, for example, if the citizens are not satisfied with their performance or a better candidate presents himself or herself.
A-head: CONFLICT OF INTEREST AND POLITICAL ECONOMY
Concept: Political regimes

Answer to Question 2

The statement is not always true. Traveling by bus is often much slower than traveling by car. This is more likely to be true if the bus does not take the shortest or fastest route. A bus, for example, might not travel on a highway so that it can make more stops to allow more passengers to get on and get off. If the value of the extra time it takes to travel by bus is greater than the difference between the cost of the gas and the bus ticket, then it is cheaper to travel by car. For example, suppose it would take 30 minutes to travel by car, one hour to travel by bus, people value their time at 10 per hour, the cost of a bus ticket is 1, and the cost of gas is 4 . Then the total cost of traveling by car would be (1/2 x 10) + 4 = 9 and the cost of traveling by bus would be 10 + 1 = 11 .





 

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

For a complete list of videos, visit our video library