Question

why economic growth and development should not be taken as sole Criterion for preference to democracy​

Answer 1

Explanation:

We evaluate the impact of democracy on economic growth.

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We use a novel approach to measure democracy based on a machine learning algorithm.

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We detect a robust and significant effect of democratization on income increases.

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Established democracy indices are not sufficiently detailed to reveal this relation.

Answer 2

Explanation:

• Growth is a quantitative concept and development is a qualitative concept.  
• They both define the state of the economy in any country.  
• They represent the amount of industrialization, commercialization, and urbanization.
• In micro level, the per capita income of the people is based on the growth and development taking place in the country.
• Growth and development are two criteria that are not limited to a democracy alone, but can be measured even in a non-democratic country.  
• But while speaking about democracy in general, the major point of focus lies in freedoms enjoyed by the people.

For Example: The freedom of speech, which are lacking in most of the non-democratic countries.  

To know more:

Meaning of economic growth and development​

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