Departments in decentralization are often broken down by broad categories which is not among them
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There are four main types of decentralization: political, administrative, fiscal, and market decentralization.
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Decentralization refers to the distribution (delegation) of specified duties to specialized departments within an organization.
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Decentralization refers to the distribution of authority and responsibility to different specialized departments of an organization for better and efficient functioning.
There are different types of decentralization. These include:
- Political Decentralization: Political decentralization helps in giving citizens or their elected representatives more power in public decision-making.
- Administrative Decentralization: It refers to the delegation of power and duties within the organization.
- Fiscal Decentralization: Financial responsibility is an important component of decentralization because an adequate amount of revenue is required to carry out decision-making as well as the functioning of an identity.
- Market decentralization: Economic or market decentralization is an important form of decentralization in the eyes of any government.
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