Examlex
When conducting the job interview,the small business owner should:
Representative Democracy
A form of democracy in which citizens elect officials to represent them in making laws and policy decisions on their behalf, rather than voting on legislation directly.
Majority Rule
A decision-making process that follows the preference of more than half of the members in a group.
Public Choice Analysis
An economic theory that studies how public decisions are made, considering individuals as rational actors who pursue their self-interest.
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