Final answer:
The significant reason for power sharing includes reducing conflicts, promoting cultural development, ensuring specific rights, and maintaining political balance by preventing the dominance of a single party. Power sharing provides a framework for diverse groups to coexist and be represented in governance. It also encompasses international agreements that can balance domestic interests and encourage global cooperation.
Step-by-step explanation:
The significant reason for power sharing is that it helps to reduce socio-economic conflicts, provides for ethnic-cultural development, allows people to enjoy specific rights, and restricts the supremacy of one party. In essence, power sharing helps in creating a balanced and inclusive political environment that accommodates various social and cultural groups, ensuring their interests are represented and preventing the monopolization of power.
For example, when ethnic minorities are clustered together, they have a better chance at political representation and protecting their cultural heritage. This reduces conflict and supports mutual economic, social, and political support within the community. International agreements and trade policies also play a role in this, as they can offer a counterbalance to domestic special interests, encouraging a more globally integrated and less protectionist policy stance that can benefit a wide range of socio-economic groups.