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Question

What Are The Basic Principles Of Democracy? - Commerce Q&A


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Solution

Democracy refers to the government of the people, by the people and for the people.

Overall, democracy means the power of the people as the rulers are elected by the people.

Democracy is based on a fundamental principle of political equality. The basic principles of democracy are:

  • Federalism
  • Judicial review
  • The rule of law
  • Limited government
  • Popular sovereignty
  • Separation of powers
  • Independent judiciary
  • Elected representative
  • Citizens in a democracy have not only rights but also the responsibility to participate in the political system.

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