Social Sciences, asked by rishabhyadav5829, 3 months ago

Democracy reduce economic inequality and produce economic
Development”. Explain how?​

Answers

Answered by Anonymous
1

Tropical grasslands, or savannas, are also the homes of primates in Africa and Asia; no savanna-living primates exist in South America. Tropical grasslands comprise a mixture of trees and grasses, the proportion of trees to grass varying directly with the rainfallNewton's laws of motion relate an object's motion to the forces acting on it. ... In the second law, the force on an object is equal to its mass times its acceleration. In the third law, when two objects interact, they apply forces to each other of equal magnitude and opposite direction...

Answered by EeshaPant39
0

Democracy is frequently framed as a distributional game. Much of the evidence supporting this possibility rests on the World Bank’s “high-quality” inequality dataset (Deinenger and Squire 1996). Using the updated and revised “high-quality” dataset (WIID, Version 2, 2007), this paper revisits those results. Using the same country sample, more years and nearly equivalent specifications as previous studies, as well as a larger country sample with more appropriate statistical models, we find no relationship between democracy/civil liberties and aggregate measures of economic inequality. We also examine channels through which democracy might exert its influence, notably the tax system and the labor market. We find no evidence that democracy increases the average tax rate, the yield from progressive taxes or the share of revenue from progressive taxes. We also find no evidence that democracy compresses inter-industry wage dispersion in manufacturing.

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