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' in actual life , democracies do not appear to be very successful in reducing economic inequalities' .explain the statement?
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' in actual life , democracies do not appear to be very successful in ...
The democracy doesn't guarentee economic development. In most of the democraties, a small number of ultra rich enjoy a highly disproportionate share of wealth and income. Thus, it can be concluded that in actual life democracy do not appear to be very successful in reducing economic inequalities.
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' in actual life , democracies do not appear to be very successful in ...
One of the reasons is democratic countries has large population so it can be one of the reason for economic inequalities! and corruption too
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Read the given extract and answer the questions that follows:Democracies are based on political equality. All individuals have equal weight in electing representatives. Parallel to the process of bringing individuals into the political arena on an equal footing, we find growing economic inequalities. A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes. Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining. Sometimes they find it difficult to meet their basic needs of life, such as food, clothing, house, education and health. In actual life, democracies do not appear to be very successful in reducing economic inequalities. The poor constitute a large proportion of our voters and no party will like to lose their votes. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty. People in several poor countries are now dependent on the rich countries even for food supplies.Answer the following MCQs by choosing the most appropriate options:Q. Democracies are based on political _______.

Read the given extract and answer the questions that follows:Democracies are based on political equality. All individuals have equal weight in electing representatives. Parallel to the process of bringing individuals into the political arena on an equal footing, we find growing economic inequalities. A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes. Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining. Sometimes they find it difficult to meet their basic needs of life, such as food, clothing, house, education and health. In actual life, democracies do not appear to be very successful in reducing economic inequalities. The poor constitute a large proportion of our voters and no party will like to lose their votes. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty. People in several poor countries are now dependent on the rich countries even for food supplies.Answer the following MCQs by choosing the most appropriate options:Q. How the share of poor people affects the total income of a democratic country?

Read the given extract and answer the questions that follows:Democracies are based on political equality. All individuals have equal weight in electing representatives. Parallel to the process of bringing individuals into the political arena on an equal footing, we find growing economic inequalities. A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes. Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining. Sometimes they find it difficult to meet their basic needs of life, such as food, clothing, house, education and health. In actual life, democracies do not appear to be very successful in reducing economic inequalities. The poor constitute a large proportion of our voters and no party will like to lose their votes. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty. People in several poor countries are now dependent on the rich countries even for food supplies.Answer the following MCQs by choosing the most appropriate options:Q. Which country’s more than 50% population lives in poverty?

Read the given extract and answer the questions that follows:Democracies are based on political equality. All individuals have equal weight in electing representatives. Parallel to the process of bringing individuals into the political arena on an equal footing, we find growing economic inequalities. A small number of ultra-rich enjoy a highly disproportionate share of wealth and incomes. Not only that, their share in the total income of the country has been increasing. Those at the bottom of the society have very little to depend upon. Their incomes have been declining. Sometimes they find it difficult to meet their basic needs of life, such as food, clothing, house, education and health. In actual life, democracies do not appear to be very successful in reducing economic inequalities. The poor constitute a large proportion of our voters and no party will like to lose their votes. The situation is much worse in some other countries. In Bangladesh, more than half of its population lives in poverty. People in several poor countries are now dependent on the rich countries even for food supplies.Answer the following MCQs by choosing the most appropriate options:Q. People in poor countries are dependent on the rich countries for ___________.

Read the given extract and answer the questions that follows: If democracies are expected to produce good governments, then is it not fair to expect that they would also produce development? Evidence shows that in practice many democracies did not fulfil this expectation. If you consider all democracies and all dictatorships for the fifty years between 1950 and 2000, dictatorships have slightly higher rate of economic growth. The inability of democracy to achieve higher economic development worries us. But this alone cannot be the reason to reject democracy. As you have already studied in economics, economic development depends on several factors: country’s population size, global situation, cooperation from other countries, economic priorities adopted by the country, etc. However, the difference in the rates of economic development between less developed countries with dictatorships and democracies is negligible. Overall, we cannot say that democracy is a guarantee of economic development. But we can expect democracy not to lag behind dictatorship in this respect. When we find such significant difference in the rates of economic growth between countries under dictatorship and democracy, it is better to prefer democracy as it has several other positive outcomes. Answer the following MCQs by choosing the most appropriate options: Q. The difference in the rates of economic development between less development countries with dictatorships and democracies is

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