Outline what is meant by the terms ‘democracy’ and ‘British Values'.

A) Democracy refers to a system of government where citizens have equal participation, while British Values encompass principles such as democracy, rule of law, individual liberty, and mutual respect.
B) Democracy is a form of autocratic government, while British Values represent a diverse set of cultural norms.
C) Democracy denotes a government controlled by a single entity, while British Values solely focus on cultural diversity.
D) Democracy involves a hereditary monarchy, and British Values emphasize economic stability and individual prosperity.