Social Sciences, asked by rameswar5672, 2 months ago

WHAT IS THE RELATIONSHIP BETWEEN MARKET AND DEMOCRACY. ANY 5 POINTS​

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Answered by anshuman24680
0

Answer:

Democracy and economic growth and development have had a strong correlative and interactive relationship throughout history. While evidence of this relationship's existence is irrefutable,[1] economists' and historians' opinions of its exact nature have been sharply split, hence the latter has been the subject of many debates and studies

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Answered by krimipatel6126st
0

Answer:

Democracy and economic growth and development have had a strong correlative and interactive relationship throughout history. While evidence of this relationship's existence is irrefutable,[1] economists' and historians' opinions of its exact nature have been sharply split, hence the latter has been the subject of many debates and studies.

Ancient beginnings and correlation Edit

The period of Ancient Greece 4th century B.C. and later of the Roman Empire marks the beginning not only of democracy, but as well as its connection to economic growth.[citation needed] All throughout history, up until the present they have stayed intertwined.[citation needed] While there is no doubt of their existing relationship, whether it being in favor of economic development or democracy, there is no evidence to claim that it is in fact a causal relationship.

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