Define Direct Democracy and Give Two Examples of Forms of Direct

question 103

Short Answer

Define direct democracy and give two examples of forms of direct democracy.

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Definitions:

Normal Good

A good for which demand increases as the consumer's income rises and decreases as the consumer's income falls.

Giffen Good

A product that people consume more of as the price rises and vice versa, violating the basic law of demand in economics.

Equally Happy

A state or condition where individuals have the same level of happiness or satisfaction, often considered in discussions of equity and fairness.

Labeled Points

In data science and statistics, points in a dataset that have been tagged with additional information or categories for analysis.