The basic values of democracy which provides fair expectation that democracy will produce harmonious social life are : (a) Social Equality, (b) Freedom, (c) Justice, (d) Economic justification, (e) Political freedom, civil and fundamental rights.
Moreover, following can be understood.
(i) Democracy is a form of government in which the supreme power is vested in the people and the representatives of the people are elected by the voters on the basis of adult franchise.
(ii) It promotes equality among citizens.
(iii) It looks after the interest of the people.
(iv) It allows accommodation of social diversity.