Dictatorship is when one specific person has control over a civilization. An example could be, Adolf Hitler
There are two types of democracy, either direct democracy or representative. Direct democracy is when people vote on important decisions, where as representative democracy, people vote for people who make the decisions. Direct democracy example would be the ancient Greek city-state Athens, and representative democracy example would be America.
There are numerous differences between a dictatorship and a democracy. One difference is that in a dictatorship the leader has absolute authority while in a democracy the power of government is left up to the people. Another difference is that in a dictatorship leaders are very oppressive towards their citizens. If the citizens are unhappy with government and stand up against it then they are met with force. In a democracy, if the people are unhappy with their leaders they will replace the leader with a new one. A final example is that democratic government systems place checks on leaders to limit their power. In a dictatorship, there are no checks against the government. The dictator has unlimited power.
The owner could advertise a sale and try to sell as many pairs of shoes as possible before the recession comes and prices fall even more. Then, when the recession hits a trough, the owner could use the money from this sale to expand the warehouse while costs are at their lowest point. The owner must be sure to plan for falling demand.
