what was the impact of political competition?class 9
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political participation, compulsory voting, size of government. Defining democracy is a major task. Yet, an even greater challenge is trying to understand the impact of democracy on economic outcomes.
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The impact of political competition:
- The political competition is essential of better governance. It creates representation and demands. The opposition voice is very necessary to understand the mistake of the ruling party.
- If there are no competition people doesn’t have any option and it may be possible the ruling party work like a dictator. A good political competition provides democratic stability to any country.
- It creates a realistic possibility of current leadership if it does not perform. It reduces agency cost which is inherent in representative government.
Learn more about political competition
What are the various forms of Political Competition?
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What is political competition?
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