Which of the following concepts refers to a political system in which power is exercised by the people as a whole?

Question

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Democracy is a political system where power is held by the population either directly or through elected representatives. Aristocracy refers to a system where power is held by a noble or aristocratic class. Authoritarianism is a system where power is held by a single person or small group, without the input or consent of the wider population. Monarchy is a system where power is held by a monarch or royal family.

Which of the Following Concepts Refers to a Political System