Explore the characteristics of democracy and autocracy, comparing their advantages and disadvantages. We examine the impact of these systems on
Tag: Governance
Governance refers to the process and structure of decision-making within an organization or society. It involves setting up rules, regulations, and policies that guide how individuals and institutions interact. Governance can be formal or informal, depending on the context, and it plays a critical role in maintaining order, stability, and accountability. Effective governance ensures that resources are allocated efficiently, conflicts are resolved fairly, and everyone has a voice in the decision-making process.