relationship between democracy and development
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Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom. Democracy is closely tied with economic sources ofgrowth, like education levels and lifespan through improvement of educative institutions as well as healthcare.
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Democracy and development;
There is no such relation between them.
We can see the Countries like Russia, China (communist countries) are also developed and on the other hand Countries like The USA, The UK, Germany and many more developed countries which are democratic…
- It is not the Democracy or communist or dictatorship decides the development..
- It depends upon the politicians who work.
- Either they work for their nations development or becoming corrupt decides the fate of development of that nation..
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