Checking and savings accounts, the most common financial products offered by banks and credit unions, have both similarities and differences. Each allows you to deposit funds and provides government-backed insurance that guarantees the safety of your balance (currently up to $250,000).
Uganda is a presidential republic, in which the President of Uganda is both head of state and head of government. There is a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the National Assembly. The system is based on a democratic parliamentary system with universal suffrage for all citizens over 18 of years age.
Types of Governments Governments can be classified into several types. Some of the more common types of governments are: 1. Democracy The word democracy literally means rule by the people.. In a democracy, the people govern. 2. Republic A literal democracy is impossible in a political system containing more than a few people. All democracies are really republics. In a republic, the people elect representatives to make and enforce laws. 3. Monarchy A monarchy consists of rule by a king or queen.