Democracy
Power Vested In People
Economic System
Market Economy-production of goods and services is determined by the demand from consumers,also called a demand economy or capitalism.
Mixed Economy-A Combination of command and market economies provide goods and services so that all people will benefit.
Definition
A system of government in which power is vested in the people, who rule either directly or through freely elected representatives.
Types Of Democracy
Direct - A direct democracy is one in which every citizen votes on all important decisions. One of the first direct democracies was in Athens, Greece.
Representative - The other type of democracy is a representative democracy , This is where the people elect representatives to run the government, Another name for this type of democracy is a democratic republic.
Examples
a representative democracy is a system of government in which all eligible citizens vote on representatives to pass laws for them.