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What are the three principles of the people?
The three principles of the people are :nationalism, democracy, and the livelihood of the people.
This ideology was developed by Sun Yat-sen to create prosperous nation.
Are these realistic in China?
No. China has a massive authoritarian power structure, in which the government owned almost all the resources in the country. The people do not obtain the right to free election, which do not fulfill the 'Democracy' Criteria from the three principles.
How about in today's world?
Absolutely. Those three principles are generally popular among the citizens, it should not be difficult to achieve.
Probably the biggest challenge for any other country in the world would be fulfilling livelihood of the people.
But it can be solved by having emphatic understanding toward the hardship that felt by our fellow citizens.
The importance is that for the first time in history, a national constitution explicitly stated that it had been drafted not by a monarch or a group of barons but by representatives of ordinary citizens. It expressed the fact that such government had been instituted by the democratic will of the people and not by the “divine right” of a monarch or ruler.
It is definitely a collective term; it puts forward the right of self-government of the national community. It does not express the ruling will of an individual person but the collective will of an entire nation.
Prior to becoming President of the United States, Bill Clinton was B. the Governor of Arkansas. He was generally well-liked in the position and during the beginning of his presidency.