wthat is role of democracy
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Democracy is government in which power and civic responsibility are exercised by all adult citi- zens, directly, or through their freely elected rep- resentatives. Democracy rests upon the principles of majority rule and individual rights. Fair, frequent, and well-managed elections are essential in a democracy.
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Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom. Democracy is closely tied with economic sources of growth, like education levels and lifespan through improvement of educative institutions as well as healthcare.
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