Democracy
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Democracy is the rule of the majority, usually found within the boundaries of a Nation State. There are many different forms of democracy, such as our modern conception of it (Representative Democracy/Liberal Democracy) to the Ancient Greek form, where major issues where voted on directly by the citizens of Athens.
Etymology
Democracy as a word derives from the Greek demokratia which literally means 'rule by the people'. It is formed by Demos; 'the people' and Kratos - 'rule' or 'power'.