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CBSE Class 10 Answered

explain the relationshipp between democracy and development?
Asked by Sarvesh | 24 Feb, 2016, 06:16: PM
answered-by-expert Expert Answer

Hello Sarvesh,

The contribution of democracy towards development is a debatable topic. However, sometimes democracy has proven helpful for development. For instance, democracy engages more in large-scale redistribution; however, the various negative effects of redistribution are offset by the fact that democracies have lower barriers to entry, promoting competition, and innovation. This gives way to development.

Answered by | 24 Feb, 2016, 06:30: PM
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