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A market has its operation based on price<span>. The supply of a product related to the demand that this product has in a given context is a fundamental part of determining its price. An undersupplied product has its value, in theory, lower, while a product with high demand tends generally to offer itself to the market with higher prices. The distribution is made, therefore, taking into account the demands, in order not to saturate the market and, with that, to reduce the profits.</span>
Republics and democracies both provide a political system in which citizens are represented by elected officials who are sworn to protect their interests.
In a pure democracy, laws are made directly by the voting majority leaving the rights of the minority largely unprotected.
In a republic, laws are made by representatives chosen the people and must comply with a constitution that specifically protects the rights of the minority from the will of the majority.
The United States, while basically a republic, is best described as a “representative democracy.”
Wanda is very quiet around people in authority,but she can be loud and boisterous among her peers. Walter Mischel would explain the difference in Wanda's behaviour in terms of situational factors.