Is democracy profitable to povert?
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“A significant share of India’s population is contained within the top, the bottom and every other 10-per cent segment of world wealth distribution. Few other countries have the same spread between the space-age rich and the stone-age poor.”
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Four ways in which democracies have been able to reduce inequality and poverty are: Gives equal voting rights to all the citizens. Provides equal opportunity to all the sections of the society. Ensures social equality by protecting the rights of the citizens without discrimination.
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