Which among the following has a higher rate of economic growth and development?

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Democracies

Dictatorships

All non-democratic regimes

Monarchies

answer is B.

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Detailed Solution

Dictatorship has a higher rate of economic growth and development.
Looking at democracy and all dictatorships of the 50 years from 1950 to 2000, the economic growth rate of dictatorships is high. In the case of a dictatorship, the people of the country are forced to obey certain rules, and they must work long hours or work for fear of punishment. This provides quality performance for people from different disciplines, reduces waste and further increases efficiency. But in democracy, citizens have the right to act, and governments cannot enforce specific consequences of actions. This slows growth relatively slowly. This is in no way the justification for the dictatorship.

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