Which term means 'ruled by the people'?

Study for the IB Business Management Higher Level (HL) Test. Prepare with flashcards, multiple-choice questions, and detailed explanations. Enhance your readiness for the exam!

Multiple Choice

Which term means 'ruled by the people'?

Explanation:
This question tests the idea of who holds power in governance. “Ruled by the people” describes a system where citizens have a voice and influence decisions, typically through elections and representation. That is a democracy, where leaders are elected and held accountable by the people, and rights and freedoms are protected. Autocratic describes rule by a single individual or a small group with concentrated power, not by the people. Centralization refers to concentrating decision-making at the top of an organization or government, regardless of who the rulers are. Conciliation is a method for resolving disputes through compromise, not about who holds political power.

This question tests the idea of who holds power in governance. “Ruled by the people” describes a system where citizens have a voice and influence decisions, typically through elections and representation. That is a democracy, where leaders are elected and held accountable by the people, and rights and freedoms are protected.

Autocratic describes rule by a single individual or a small group with concentrated power, not by the people. Centralization refers to concentrating decision-making at the top of an organization or government, regardless of who the rulers are. Conciliation is a method for resolving disputes through compromise, not about who holds political power.

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