what is the relationship between democracy and economic development?
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Democracy as we know is a government by the people of the people and for the people. a democracy has welfare as its primary aim. Thus it will work for development. In India too we have witnessed how the government works for all sections of the people. Adequate opportunities are provided for the backwards to come at par with the others. Economic progress is also achievable through democracy. Citizen are given the freedom to pick any job or start any business, forming trade unions is legals. Thus when cordial working conditions are provided revenue generation will be more too. Indeed, for decades India had only 2 to 3 percent annual growth rate. But that has changed. Once the democratic Indian government embarked upon implementing market-oriented reforms, the country achieved rate of 8 to 9 percent a year.
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The relationship between democracy and economic development is that some politician claimed that there is a causal relationship between economic development and democracy.However in India democratic society but their economic development is extremely poor..
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