Choose given statement is true/false:

Democracies do not appear to be very successful in reducing economic inequalities.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Economic inequality has been a problem for democracy around the world. Although democracy's foundation is political equality, economic inequality has been rising. The largest wealth concentration is among a small part of the population, with the majority of people living in poverty. Meeting their bare necessities is challenging. Although the vast majority of voters are poor, the issue of poverty is not addressed. Large portions of our electorate are poor, and losing their support would be detrimental to any party. The issue of poverty, however, does not seem to be as important to democratically elected governments.

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