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Question : 7
Total: 13
Analyse the outcomes of democracies in terms of economic growth and development.
Solution:
(i) Most of the democracies face limited economic development due to limited economic growth.
(ii) Factors like population size, global situation, cooperation from other countries affect economic development.
(iii) In most of the democratic countries, economic inequalities have been observed.
(iv) Most of the democracies try to distribute wealth in such a way that all citizens of country will have a share and lead a better life.
(ii) Factors like population size, global situation, cooperation from other countries affect economic development.
(iii) In most of the democratic countries, economic inequalities have been observed.
(iv) Most of the democracies try to distribute wealth in such a way that all citizens of country will have a share and lead a better life.
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