Question

what is the meaning of rule of law. and and economic democracy.​

Answer 1

Answer:

The ancient Greek philosopher Aristotle stated succinctly that “Law should govern.” In simple terms, democracy focuses on how societies select those who will hold power, while the rule of law is concerned with how political power is exercised. ... Today, democracy is the most closely aligned with rule of law governance.

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Answer 2

The importance of rule of law in democracy:

Rule of law is important to democracy because it helps to preserve and ensure the core principles of democracy is adhered to.... The underlying premise of the rule of employment law implies that every citizen is subjected to and accountable under the law.

This helps you to know the meaning rule of law and economic democracy