Question

"Democracies do not appear to be very successful in reducing economic inequalities." Justify the statement.

Answer 1

Answer

Success of Democracies in reducing economic inequalities:

⇉ We find growing economic inequalities in Democratic countries.

⇉ A small number of ultra rich enjoys a highly disproportionate share of wealth and incomes.

⇉ Their share in the total income of the country has been increasing.

⇉ The income of poor have been decline sometimes they find it difficult to meet their basic needs of life.

⇉ Though democracies gradually reducing the number of poor from poverty & hunger.