Final answer:
A government that elects a president for a five-year term with a two-term limit operates under a presidential system with specific term limits. These limits are designed to prevent the concentration of power in one individual and to maintain democratic principles.
Step-by-step explanation:
A type of government where the president is elected by the people for a fixed term of five years with a limit of two terms is referred to as a presidential system. In such a system, the president serves as both the head of state and head of government, and there is often a clear separation of powers within the government structure. The 22nd Amendment to the U.S. Constitution sets a two-term limit for the U.S. President, while term limits in different countries can vary, with some countries like Argentina requiring a break after two terms before eligibility is restored.
Internationally, the specifics of presidential term limits can vary. For example, in Brazil, presidents serve four-year terms and can be re-elected for an additional term, México has a single six-year term with no re-election, and in Kenya, presidents are elected to five-year terms with a limit of two terms. The principle behind term limits is largely to prevent the consolidation of power and to encourage political freshness and accountability.