decentralists

Example:The decentralists advocated for the decentralization of the banking system to prevent future financial crises.

Definition:The process of transferring power from a central authority to local branches or bodies. It involves the decentralizing of control, management, or governmental functions from a central authority or government.

Example:The decentralists suggested that the government should decentralize to promote local development.

Definition:To distribute administrative or decision-making power among small units, especially politically or administratively.

Example:The decentralized system of the internet makes it robust against single points of failure.

Definition:A system where power, resources, or control is distributed among several local entities rather than being centrally controlled.

Example:Some countries are moving towards a decentralized economy to boost local industries.

Definition:An economic system where economic power is distributed among many smaller local economies rather than being centralized at a national level.

Example:The decentralization policy was implemented to reduce corruption levels in the central government.

Definition:A policy aimed at decentralizing power within a government or organization, giving more autonomy to local branches or authorities.

Example:The country's decentralized government was designed to allow for flexibility in local governance.

Definition:A government where power is divided between central and local authorities, with the latter having significant autonomy.