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The net asset value of an investment fund is the unit price of each share in the fund at a given time. It is also known as NAV by its acronym in English (Net Asset Value).

The Argentine military dictatorship, also called the National Reorganization Process, was a civic-military dictatorship that occurred in Argentina between 1976 and 1983. This happened after the military coup that overthrew the government of María Estela Martínez de Perón, immediately installing a military junta that had Jorge Videla as de-facto president.

The proletariat is distinguished from other classes such as the bourgeoisie in that it does not possess greater assets than its capacity for work, and therefore constitutes the basis of capitalist society of, as defined by Karl Marx, the "exploitation of man by man". The bourgeoisie, on the other hand, is the owner of the means of production and requires labor to generate consumer goods.

The proletariat are the class of people who do not have means of production. They are exploited workers in capitalist system and only earn their living through wage labour. Similarly, they have no say in the area of decision making of any organization.

A constitutional monarchy is a form of monarchical government (that is, exercised by a king or queen) in which there is a separation of powers and therefore the king shares political power with other institutions, such as a parliament and a court of law.

An autocracy is a government under the control of one person who usually achieved his position by force. It is a government of an absolute ruler. The autocratic state is a form of despotic or tyrannical rule. The autocratic state is also sometimes called the authoritarian state. it represents an attempt by the ruling classes to perpetuate their domination.

Independence of Colombia is called the political and military process that allowed the Viceroyalty of New Granada to be separated from the Spanish Empire. This process began on July 20, 1810, when the Creoles of Bogotá formed a government junta that displaced the Spanish viceroy from power. It ended in 1822, after Simón Bolívar defeated the royalists and formed Gran Colombia, which integrated Nueva Granada, Venezuela and Ecuador into a single state.

The Reform War or War of the Reform began as a result of the approval of the Constitution of 1857. It affirmed liberal principles, such as the separation of the State and the Catholic Church, and the suppression of the military and ecclesiastical fueros.

The Cenepa War, also known as the Alto Cenepa conflict, was a political and military confrontation between the nations of Ecuador and Peru, which occurred in 1995 and originated from territorial and border claims.

Independence Day of the Republic of Venezuela July 5, 2022 July 5: Independence Day of the Bolivarian Republic of Venezuela. The independence of Venezuela was the legal-political...

In general, many textbooks tend to link the rise of communism due to the theoretical reflection pointed out by Karl Marx and Friedrich Engels. However, this idea that communism would be the result of a mere reflection of two nineteenth-century theorists can be seen in a different light.

Socialist State: Socialism is a political and economic system whose main foundation is equality. The system's objective is the transformation of society through the distribution of income and property to reduce social inequality.

Socialism is a philosophical current of economic, social and political thought, as well as a diverse set of political theories, movements and socio-economic systems that have been inspired by such thought. All of them have in common the defense of the public, collective or cooperative property of the means of production of the society, instead of their property in private hands. In addition, it proposes the planning and organization of social and economic life from the forces that make up the State.

Parliamentary monarchy is a form of government in which the power of a region or country is partially exercised by a monarch (King or Queen), since it is regulated by the legislative (Parliament) and executive power.

The euro area is a monetary union. In order to have a monetary union, there must be a situation in which at least two countries share the same official currency. In the euro area, this requirement is met. In other words, more than two countries have the euro as their official currency. Specifically, there are 19 states.

The principle of checks and balances means that each organ of government should exercise control over the other. The objective is to ensure that no organ of government dominates another.

Bankruptcy is an economic situation in which a company, organization or an individual finds itself when, due to the inability to face its debts with the available resources, has to permanently cease its activity.

The Single Euro Payments Area (SEPA) is a collective association created in Europe that allows companies, individuals and public bodies to make payments in euros without using cash. These payments can be made using a single bank account for payment transactions in different part of Europe within the SEPA zone.

Unitary System of Government | The word ‘unitary’ is an adjective derived from the term ‘unit’, which means one. A unitary government is therefore a form of government with one legally recognized government. There is a single central government, which derives its powers from a unitary constitution.

The principle of individual ministerial responsibility refers to the convention that a minister is responsible to every actions of their department / ministry and it's applicable in the presidential system of government. Collective responsibility is to cabinet or parliamentary system of government where ministers are collectively responsible for there decisions.