evidence shows that in practice many democracies did not fulfill the expectations of producing economic development in the country. validate the statement with relevant example
Answers
The government is not able to develop the opportunities for such a vast population of India ,i.e., many people have to work in the unorganised sector ,in harsh living conditions and in low payment also which decreases our country's per capita income thus affecting the development of the country , many people who don't get work of their choose here move to foreign which increases the development if other countries rather than India .
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If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, dictatorships have slightly higher rate of economic growth.
Economic development depends on several factors: country’s population size, global situation, cooperation from other countries, economic priorities adopted by the country, etc.
However, the difference in the rates of economic development between less developed countries with dictatorships and democracies is negligible. Overall, it cannot be said that democracy is a guarantee of economic development. But we can expect democracy not to lag behind dictatorships in this respect.
When such a significant difference in the rates of economic growth between countries under dictatorship and democracy, it is better to prefer democracy as it has several other positive outcomes.
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