Question

Explain the economic and social outcomes of democracy ?​

Answer 1

Answer:

ECONOMIC:-

• Dictatorial regime has had a slightly better record of economic growth. But when we compare their record only in poor countries, there is virtually no difference.
• There can be a very high degree of inequalities within democracies.
• There is often inequality of opportunities available to the poorer sections of the society.

PHYSICAL:-

democracy as facilitating development, democracy as a hindrance to development, and democracy as bearing no independent relationship to development outcomes. Each of these theoretical models is explicated and, then, the evidence from quantitative, cross-national tests of the effects is reviewed. Overall, the evidence provided by the approximately dozen studies for each outcome yields few robust conclusions with respect to the theoretical models. To guide in the evaluation of the evidence, the studies are in turn distinguished by such design characteristics as sample, period observed, measures used, and form of relationship specified. This procedure, while it does not produce definitive support for any of the models, does assist ininterpreting the results of past research as well as generating fertile guidelines for future research.