One of the most significant societal benefits of a democracy is that it is intended to provide equality and access to opportunity for all citizens. Additionally, a democracy is designed with checks and balances to minimize the potential for abuses of political power.
A democracy gives citizens the ability to influence laws and policies through the election of representatives. Through support of certain candidates and public communication, citizens are able to influence the direction of economic, social and political values. Because of this power in the hands of everyday citizens, the theoretical political control of the country lies with the majority as opposed to a select few in power.
If a single politician or a particular party takes on too much power and control, the popular majority has the chance to vote elected officials out of office. In fact, democratic governments often have systems in place to moderate the power of individuals or branches of government.
Democracy also contributes to a sense of freedom, which has significant cultural importance. People tend to have higher morale and a better quality of life when they feel like they have basic human rights. Closely related is the ability of citizens to pursue economic gain. Unlike socialist governments, democracies tend to promote benefits to private enterprises. Such financial opportunity drives innovation and new business development.