The types of government in these nations are
- Ni geria is Presidential democracy
- Kenya is parliamentary democratic
- Equatorial Guinea is autocracy
- South Africa is parliamentary democracy
<h3>What is a government?</h3>
This is the term that is used to refer to the system of governance that may exist in a particular area. It is the way that the people of a nation are known to operate and be governed.
We have different types. These are the presidential type, autocratic, parliamentary and also the monarchy.
In Ni geria, the people vote for their president in every 4 years as a direct form of democracy. Other nations like Kenya and South Africa have the direct legislative and parliamentary form of government. While in equatorial guinea, they have a government that is full of autocracy, the person in charge has refused to step down for over a long period. They have the worst human rights record in the whole world.
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Answer:
The correct answer is option A.
Explanation:
In the United States, the federal reserve bank system is the central bank. It is an agency that controls the money supply in an economy.
The federal reserve bank is responsible for conducting monetary policy on behalf of the central government.
It performs a number of functions such as issuing of currency, acting as a banker for the government, banker for the other commercial banks, etc.
It acts as a lender of last resort for commercial banks. It controls the flow of money in the economy through a number of tools such as open market operations, discount rate, cash reserve ratio, required reserve ratio, etc.
c.........................
Many developing countries from Middle East to South America have attempted to master the process of development but have failed.
And one of the major reasons behind this is "Domestic Monopoly Power." Most of these countries are trapped in their local markets and do not open their markets internationally.
Domestic group interests have small incentives to open up their markets to international firms with advanced technologies.
However, if they even try to open their borders, they still remain trapped in low or middle levels of income.That's why poor countries remain poor over the period of time.
