Liberal democracy is a form of government in which the state is governed by the consent of the people, and in which individual freedoms are protected. Liberal democracies have constitutions, which describe the legal framework of the state and the basic rights awarded to citizens.
These rights and freedoms in a liberal democracy typically include property rights, the right to privacy, equality before the law, freedom of speech, freedom of assembly, freedom of religion and an economic policy founded on the principle of a free market.
Liberal democracies also tend to be characterized by tolerance and pluralism. Widely differing social and political views, even those viewed as extreme or fringe, are permitted to co-exist and compete for political power on a democratic basis.
democracy, liberalism, individualism, free market, freedoms, rights, monarchy
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