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republic

Bible DictionaryDictionary of Political Economy
Originally, any form of government not headed by an hereditary monarch. In modern American usage, the term usually refers more specifically to a form of government (a.k.a. "representative democracy") in which ultimate political power is theoretically vested in the people but in which popular control is exercised only intermittently and indirectly through the popular election of government officials and/or delegates to a legislative assembly rather than directly through frequent mass assemblies or legislation by referendum.

[See also: democracyreferendumstatepopular sovereignty]


 

Economics INDEX:


List of Terms: Terms beginning with "A", Page 1

Starts With:  A B C D E F G H I J L M N O P Q R S T U V W X
Page Number:  1

A: Page 1 of 1.

AAR
AERO
APEC
Abatement
Ability-to-Pay...Absolute Advan...
Absolute advan...Abundance
Accelerator
Acid Rain
Acquired Endow...Acquittal
Adaptive Expec...Additive
Advance estima...
Adverse Select...Agency problem
Agency problem...
Agency problem...Aggregate Dema...Aggregate Expe...
Aggregate Supp...Aggregate dema...Aggregate supp...
Allocation
Allocative Eff...Ambient Charge
Anarchism
Annual input-o...Antitrust Laws
Appropriation ...Aquifer
Aristocracy
Assets
Assistance In ...Asymmetric Inf...
Authorization ...Autocracy
Average Costs
Average Produc...Average Variab...

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