as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
write a couple of sentences that describe the characteristics of a democracy.
user
a democracy is a system of government that is based on majority rule and the protection of individual rights. democracies focus on the idea of individual liberty, as citizens in a democracy are free to express their opinions and participate in decisions that affect their lives.
assistant