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Q.

Choose if the given statement is true/false.


Is it true that democracy is a guarantee of economic development?


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a

True

b

False 

answer is B.

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Detailed Solution

The above statement is false.
Civil rights, not economic rights, are ensured by democracies. Since democracy is founded on the ideals of political equality rather than economic equality, it can protect civil rights, including the right to vote, the right to a dignified existence, and the right to participate in the political process. The fundamental disadvantage of democracy is that economic development is not a given. Political equality, not economic equality, is the foundation of democracy. Every citizen of the nation has an equal say and weight in the decision-making process under political equality.
The correct statement would be, democracy is not a guarantee of economic development.
 
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