(politics, uncountable) A political ideology supporting competitive multiparty elections and majority rule constrained by minority rights. / (politics, countable) A society based on this ideology.

(economics) an economic metric that measures the responsiveness of the quantity demanded for a good to a change in the price of another good

Alternative form of prodemocracy (“in favor of democracy”)

(economics) Inflation arising when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and unemployment falls, as the economy moves along the Phillips curve.

(politics) a form of democracy where the electorate may choose to either vote directly or vest their voting power on delegates, and can withdraw their power from these delegates at any time.

(economics) the economic growth resulting from shifts in a population’s age structure, mainly when the share of the working-age population becomes larger than the non-working-age share

(US politics, dated) Synonym of Yellow Dog Democrat

(politics) Form of democracy in which people decide on policy initiatives directly, without electing representatives.

Gradual decline in the quality and robustness of democracy.

The official name of Cambodia from 1975-1979.