LeoGlossary: Government

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LeoFinance
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72 words

A system or group of people governing an organized community.

Typically this will include:

  • Executive
  • Judiciary
  • Legislature

The term tends to apply to the roughly 200 national governments and their different subsidiaries.

Throughout history, we saw these forms:

  • Monarchy
  • Oligarchy
  • Aristocracy
  • Democracy
  • Tyranny
  • Theocracy

The two ways power is attained is elections and hereditary succession.

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