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stira [4]
3 years ago
7

PLZ HELP what is democracy

Social Studies
2 answers:
statuscvo [17]3 years ago
7 0

Answer:

Democracy is a system of government by the people. In other words, it's a form of government in which common people hold political power. They rule through elected representatives.

umka21 [38]3 years ago
5 0

Democracy is a system where every single person has a say. This means that the point of it is to protect the rights of all the people. Now, there are two different types of democracy these are direct democracy and representative democracy. Direct democracy is where the citizens vote on every problem that comes up and representative democracy is where the citizens elect the senators that they want.

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With the increase or decrease of the prices of substitutes, the demand of the substitute goods also decreases or increases.

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Change in the price of Substitutes can affect the demand of other substitutes. If the price of a product increases, then the demand of its substitute increases, and if the price of the product decreases, then the demand of its substitute also decreases.

We can understand this relation with an example. Suppose the product is tea. The substitute of tea is coffee. If the price of tea increases, then people will definitely move towards the substitute, which is coffee. This will increase the demand for coffee. Similarly, if the price of tea decreases, people will buy more tea than coffee, which will decrease the demand for coffee. This is how the substitutes affect demand of each other.

Learn more about substitutes at:

brainly.com/question/12566919

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