Chapter 5 · Question 2
Is democracy always better for economic growth?
Answer
Direct Answer
Democracy does not guarantee the highest economic growth, because growth also depends on resources, policies, global conditions, and social stability. However, democracy is valuable because it allows participation, rights, and correction of mistakes along with development goals.
Simple Explanation
Democracy does not guarantee the highest economic growth, because growth also depends on resources, policies, global conditions, and social stability. However, democracy is valuable because it allows participation, rights, and correction of mistakes along with development goals.
Exam-Ready Structure
Democracy does not guarantee the highest economic growth, because growth also depends on resources, policies, global conditions, and social stability. However, democracy is valuable because it allows participation, rights, and correction of mistakes along with development goals.
Key Points
- Democracy does not guarantee the highest economic growth, because growth also depends on resources, policies, global conditions, and social stability.
- However, democracy is valuable because it allows participation, rights, and correction of mistakes along with development goals.