HEY GUYS ........
Explain the relationship between Democracy and Development.
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Answers
Hey dude,
The Interaction Between Democracy and Development. ... It is thought that democracy should reflect the specific social, cultural and economic context of a given society. In doing so, however, a democratic society must be aware of three potential pitfalls. First, the domination of the majority does not constitute democracy.
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Democracy is a process and development is the outcome. Democracy has a positive impact on economic and social development through mostly indirect channel. The channels include policy certainly, political stability the establishment and enforcement of rules that protect properly rights ,the promotion of education,the ability promote private capital and the reduction of inequality.
From different studies it is found that democracies experience more stable and steady growth patterns than autocracies over