Adam Smith is considered to be the father of economics. He is also often claimed to be one of the most influential thinkers in the field of economics today.

RTI Act provides right to information for citizens.

Autonomy is when a government is self-governing, which means that the government must be able to make their own decisions.

Fascism is a form of radical, authoritarian, and nationalistic government and social organization.

Socialism is a political and economic theory that states that everything should be shared in a community.

Monopoly is when one object controls the supply of or trade in a commodity or service.

Monarchy is a form of government that has a sovereign, also known as a monarch at its head.

The main characteristic of democracy is that the power resides within the hands of the people.

The term ‘bona fide’ comes from the Latin ‘bona fide’, which means that “in good faith”.

Electoral reform is a change that is introduce in the electoral systems. This is mainly done to improve how public desires are expressed in election results.


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