Analyse the information given below, considering one of the following correct options:Analyse the information given below, considering one of the following correct options:
“It is expected from a government that it should bring economic growth and development. But many democracies of the world are unable to fulfil this expectation. The world is unable to fulfil this expectation, because of population size, global situation, cooperation from other countries, economic priorities, etc.’

see full answer

Your Exam Success, Personally Taken Care Of

1:1 expert mentors customize learning to your strength and weaknesses – so you score higher in school , IIT JEE and NEET entrance exams.

An Intiative by Sri Chaitanya

Economic development

Economic growth and development

Legitimate government

Reduction of inequality and poverty

answer is B.

(Unlock A.I Detailed Solution for FREE)

Best Courses for You

JEE

NEET

Foundation JEE

Foundation NEET

CBSE

Detailed Solution

The information given above talks about Economic development.
Democracies contribute to the elimination of several policies and programmes that are bad for the nation's citizens. This is only one example of how democracy has an economic outcome. Even if economic growth in democracies is not as rapid as in dictatorships, it does help a nation's economic inequality decrease. Economic development is influenced by a wide range of factors, including a country's population, the state of the world, foreign aid, domestic economic priorities, etc. Between dictatorship and democratic nations, there is a considerable difference in the rates of economic growth. Democracy is therefore encouraged since it has many positive outcomes.

Watch 3-min video & get full concept clarity