Explain the role of democracy in economic development of a country.
Explain the role of democracy in economic development of a country. P-93 (CBSE-2016-home) 5
Ans. (i) Generally, the democratic governments are considered to be good governments and are, therefore,
Preferred over dictatorship.
(ii) Thus there should be more economic growth and development in democratic countries.
(iii) In practice, it is not the position. During the year 1950-2000, dictatorship have slightly higher rate of economic growth.
(iv) It may, however, be mentioned that economic development of a country depends on various factors such as population, global situation, cooperation from other countries, economic priorities adopted by the country.
(v) Democracy is not a guarantee for economic development but at the samewe hope that democratic governments may not lag behind other governments.
Answers
MATE YOUR ANSWER IS
(i) Generally, the democratic governments are considered to be good governments and are, therefore,
Preferred over dictatorship.
(ii) Thus there should be more economic growth and development in democratic countries.
(iii) In practice, it is not the position. During the year 1950-2000, dictatorship have slightly higher rate of economic growth.
(iv) It may, however, be mentioned that economic development of a country depends on various factors such as population, global situation, cooperation from other countries, economic priorities adopted by the country.
(v) Democracy is not a guarantee for economic development but at the samewe hope that democratic governments may not lag behind other governments.
HOPE THIS HELPS
MARK AS BRAINLIEST