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Explain the significance of: autocracy, monarchy, oligarchy,

democracy, republic, political party, free enterprise.
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User Berryl
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Answer: Autocracy: When power and rule belong to a single individual

Monarchy: Another form of autocratic government

Oligarchy: Any system of government which a small group holds power

Democracy: Any system of government in which leaders rule with consent of the citizens

Republic: voters are the source of the government's authority.

Political Party: a group of individuals with broad common interests who organize to nominate candidates for office, win elections, conduct govt, and determine public policy.

Free Enterprise: the opportunity to control one's economic decisions provides a base for making independent political decisions.

Step-by-step explanation:

User Chad Bonthuys
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