what is market and democracy....
Answers
Answer:
What is market ?
A market is a place or geographical area where buyers and sellers meet and enter into transactions involving transfer of ownership of goods and services or we can also say that market exists when a group of buyers and sellers communicate to exchange goods and services.
What is democracy ?
Democracy is the system of government in which the representatives in elected by the public.
Or democracy is the government formed by the people, to the people and for the people.
A democarcy serves the interests and needs of its people.
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MARKET:
An area where buyers and sellers come and where transfer of money and goods take place is called a market.
DEMOCRACY:
A form of government where the head is elected by the people is known as democracy.
More:
Famous quote of democracy by A. Lincoln:-
“Democracy is the government formed by the people, to the people and for the people.”
Moreover, usually representative form of democracy takes place.