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A democratic republic is a form of government operating on principles adopted from a republic and a democracy. As a cross between two similar systems, democratic republics may function on principles shared by both republics and democracies.
Inclusive democracy is a political theory and political project that aims for direct democracy in all fields of social life: political democracy in the form of face-to-face assemblies which are confederated, economic democracy in a stateless, moneyless and marketless economy, democracy in the social realm, i.e. self-management in places of work ...
A direct democracy, or pure democracy, is a type of democracy where the people govern directly, by voting on laws and policies. It requires wide participation of citizens in politics. [ 4 ] Athenian democracy , or classical democracy, refers to a direct democracy developed in ancient times in the Greek city-state of Athens.
The elasticity of demand follows the law of demand and its definition. However, there are goods and specific situations that defy the law of demand. Generally, the amount demanded of a good increases with a decrease in price of the good and vice versa. In some cases this may not be true. There are certain goods which do not follow the law of ...
Athenian democracy – democracy in the Greek city-state of Athens developed around the fifth century BCE, making Athens one of the first known democracies in the world, comprising the city of Athens and the surrounding territory of Attica. It was a system of direct democracy, in which eligible citizens voted directly on legislation and ...
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Democratic experimentalism is an interpretation of democracy that seeks to combine certain democratic concepts with a practice of thought and action. [1] It denotes varied pragmatic perspectives in legal theory, political science, political theory, and sociology. [ 2 ]
Democratic capitalism is a type of political and economic system [3] characterised by resource allocation according to both marginal productivity and social need, as determined by decisions reached through democratic politics. [1] It is marked by democratic elections, freedom, and rule of law, characteristics typically associated with democracy.