<em><u>In a republic, elected officials create laws to regulate the economy.
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Further Explanations:
Republic a form of administration in which the nation is under the guidance of citizens. The chief authority position of the government is achieved through autocracy, equality, and oligarchy. The form of administration is totally against monarchy and thus no monarch exists.
According to the American constitution, Republic refers to the elected form of administration represented by the elected citizen's body exercising authority as per granted by the constitution. The republican form of government is granted to every state of the United States Union as per the Article IV of the constitution.
The representatives in the Republic government are directly elected by the citizens of the nations. They are chosen to represent the citizens in the legislature and to work for their welfare. The representative frames and amends law that works for the betterment of the citizens or in other way regulates the economy of the nation.
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Answer Details
Grade: High School
Subject: History
Chapter: Republic
Keywords:
Republic, administration, autocracy, equality, oligarchy, monarchy, American constitution, Article IV, welfare, frames, amends, law
