Global Poverty Entrepreneurship
Democratic governance refers to a system of government in which power is vested in the people, who exercise that power directly or through elected representatives. This concept emphasizes accountability, transparency, participation, and the rule of law, ensuring that citizens have a say in decision-making processes and can hold leaders responsible. In the context of community-based enterprises, democratic governance plays a vital role by fostering cooperation among members and promoting equitable distribution of resources and benefits.
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