What is a system where citizens elect others to make decisions?

Who was the american banker who was aggressive in promoting growth?

Apex plz i’m almost done if i get this all right

Lloyd’s of london was one of the first institutions to offer insurance to merchants and joint-trade companies. a major part of the insurance system involved people who agreed to take responsibility for the insured losses in return for a fee. what were these risk-takers known as? a. joint-stock companies b. investors c. underwriters d. merchants e. capitalists