Economy, asked by wendyhlophe6, 5 months ago

democracy and economy

Answers

Answered by shailjasinha523
4

Explanation:

Democracy sees higher GDP due to greater civil liberties, economic reform, increased investment and government capacity, and reduced social conflict. ... A belief that democracy is bad for economic growth is common in both academic political economy as well as the popular press

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Answered by jinal49
3

Answer:

Hope it is helpful

Explanation:

Democracy :-The word democracy most often refers to a form of government in which people choose leaders by voting.

Economy:- An economy is the large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated. In an economy, the production and consumption of goods and services are used to fulfill the needs of those living and operating within it.

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