Write any 5 economic outcomes of democracy ?
Answer should be well detailed and well explained with reason.
Class 10th
Chapter - Outcomes of democracy
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Answers
Answer:
WAYS TO ASSESS DEMOCARCY - SHORTCUT
The first step towards thinking carefully about the outcomes of democracy is to recognise that democracy is just a form of government. It can only create conditions for achieving something. The citizens have to take advantage of those conditions and achieve those goals.
ACCOUNTABILITY, RESPONSIVENESS AND LEGITIMACY OF GOVERNMENT IN DEMOCRACY - DEFINITION
The most basic outcome of democracy should be that it produces a government that is accountable to the citizens, and responsive to the needs and expectations of the citizens.
ECONOMIC GROWTH AND DEVELOPMENT IN DEMOCRACY - DEFINITION
Economic development depends on several factors: Country's population size, global situation, cooperation from other countries, economic priorities adopted by the country, etc. However, the difference in the rates of economic development between less developed countries with dictatorships and democracies is negligible. Overall, we cannot say that democracy is a guarantee of economic development. But we can expect democracy not to lag behind dictatorships in this respect.
EFFECTS OF DEMOCRACY ON INEQUALITY AND POVERTY - DEFINITION
A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes. Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining. Sometimes they find it difficult to meet their basic needs of life, such as food, clothing, house, education and health.
ACCOMMODATION OF DIVERSITY IN DEMOCRACY - DEFINITION
No society can fully and permanently resolve conflicts among different groups. But we can certainly learn to respect these differences and we can also evolve mechanisms to negotiate the differences. Democracy is best suited to produce this outcome. Non-democratic regimes often turn a blind eye to or suppress internal social differences. Ability to handle social differences, divisions and conflicts is thus a definite plus point of democratic regimes. Democracy remains democracy only as long as every citizen has a chance of being in majority at some point of time. If someone is barred from being in majority on the basis of birth, then the democratic rule ceases to be accommodative for that person or group.
DIGNITY AND FREEDOM OF CITIZENS IN DEMOCRACY - DEFINITION
Democracy stands much superior to any other form of government in promoting dignity and freedom of the individual. Every individual wants to receive respect from fellow beings. Often conflicts arise among individuals because some feel that they are not treated with due respect. The passion for respect and freedom are the basis of democracy.
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