Question

what is the difference between the economical condition of democratic and undemocratic countries

Answer 1

hi

Democracy or Non-democracy

-- from the perspective of economic development

Some authors hold that democracy and economic development have a reciprocal effect on each other. A classical example is Friedman, Justin's favorite. Friedman believes that more democratic political rights will reinforce economic rights and therefore will be beneficial to economic development; on the other hand, the assurance of the individual's economic freedom results in, and is predicted upon, the maintenance of a free-enterprise exchange economy that constitutes an ideal economic arrangement for a free society (Friedman 1962