Choose whether the given statement is True/False:

Economic growth is greater in countries with dictatorship than in countries with democracy.

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True

False

answer is A.

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Detailed Solution

The above statement is true.
Economic growth is more in countries with a dictatorship than in countries with a democracy. On comparing the economic growth rates of different countries from 1950 to 2000, it can be concluded that democratic countries face issues like economic inequality and a widening gap between the rich and poor. All democratic regimes had a growth rate of 3.95%, while all dictatorial regimes had a growth rate of 4.42%. Poor countries under dictatorship had a growth rate of 4.34%, and poor countries under democracy had a growth rate of 4.28%. These numbers show that democratic countries had less economic growth. The measure of a country's economic growth depends on several variables, such as the size of the country's population, the economic priorities set by a nation, etc. Economic growth may be prioritised at the expense of the nation's citizens' welfare and political and human rights.

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