Decentralization: Decentralization involves delegating power and decision-making authority from central authorities to peripheral or local entities, allowing them more self-governing capabilities.
Sovereignty: Sovereignty refers to complete independence and supreme authority over one's territory, including making final decisions without external influence.
Home Rule: Home rule grants a specified degree of self-government within a larger political entity. It allows regions or communities some autonomy while still remaining part of a larger governing body.