World Geography
Governance refers to the processes, structures, and practices through which an organization or society makes decisions, implements policies, and manages resources. It encompasses the interactions between various stakeholders, including government bodies, private sectors, and civil society, to achieve collective goals and ensure accountability, transparency, and inclusiveness in decision-making. In the context of development indicators and regional disparities, governance plays a crucial role in shaping economic growth, social equity, and the distribution of resources.
congrats on reading the definition of governance. now let's actually learn it.