Their were two consuls that were elected by the citizens. The two consuls would then rule rome being watched closely and carefully by the roman counsel called the senate.
If you're referring to the Great Depression, after the stock market crash, many banks lost money and closed. If you're referring to the recent recession, they lost money and became government-run.
A monarchy could also be considered a dictatorship then the monarch was absolute and authoritarian.
A monarchy or crown is a reign that is passed down from one generation to the next, whereas a dictatorship is an office that has been obtained via force. But when the monarch turned into a dictatorship, he became the only figurehead in the country. All authority is vested in him. He become absolute and authoritarian.
In such nations, either a monarchy (monarchy) or a dictatorship (dictatorship) are in place, either of which is in charge of the entire nation. Although there are certain exceptions to this rule in a number of nations, both of these regimes are thought to violate citizens' rights. Under these regimes, there is no constitutionally elected government.
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Answer:
Middle AGES: Europe AFTER THE FALL OF ROME
Because kings were often too weak to repel the invaders, many city dwellers moved into the countryside in hopes of greater safety. As a result of the invasions, and a weak central government, a new social and political system known as feudalism developed
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