The correct answer is true.
The people has some rights in a democracy whereas with the ruling of a king the people have no rights.
The first Korean Kingdom was 고조선, whose founder was 단군왕검.
Invention of corporation contributed to
growth of the economy through pooling of resources and limiting of liability to
the owners. For instance, the Supreme Court ruled that a private corporation is
a natural person under the U.S. Constitution, with the same rights and
protection extended to persons by the Bill of Rights, including the right to
free speech.