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Consider the following statements:
1. Democracy is a guarantee of economic development.
2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    2 Only
  • c)
    Both of them
  • d)
    Neither of them
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
Consider the following statements:1. Democracy is a guarantee of econ...
  • Democracies are expected to produce good governments, however 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 rates of economic growth.
  • The inability of democracy to achieve higher economic development worries, but this alone cannot be reason to reject democracy. 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.
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Most Upvoted Answer
Consider the following statements:1. Democracy is a guarantee of econ...
Neither of the statements given above is correct.

Explanation:

1. Democracy is a guarantee of economic development:
- This statement is incorrect. While democracy can create a favorable environment for economic development, it is not a guarantee. Economic development depends on various factors such as good governance, stable institutions, rule of law, infrastructure, education, and access to resources. While democracy can provide a framework for these factors to flourish, it does not guarantee economic development on its own.
- In some cases, democracies may face challenges such as corruption, political instability, policy paralysis, and inefficient decision-making processes, which can hinder economic development. Therefore, it is not accurate to state that democracy is a guarantee of economic development.

2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth:
- This statement is also incorrect. While it may be true that democracies generally tend to have higher rates of economic growth compared to dictatorships, making a broad generalization for all democracies and dictatorships over a specific period is not accurate.
- Economic growth is influenced by various factors such as natural resources, historical context, geopolitical situation, policies, and leadership. It is not solely determined by the political system in place.
- There are examples of dictatorships that have achieved significant economic growth, such as South Korea under Park Chung-hee and China under Deng Xiaoping. On the other hand, there are democracies that have faced economic stagnation or decline, such as several African countries.
- Therefore, while democracies may generally have a better track record of economic growth, it is inaccurate to make a blanket statement that democracies always have slightly higher rates of economic growth compared to dictatorships.

In conclusion, neither of the statements given above is correct. Democracy can contribute to economic development, but it is not a guarantee. Similarly, while democracies may generally have higher rates of economic growth compared to dictatorships, it is not accurate to make sweeping generalizations for all cases over a specific period.
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PASSAGE IIMost champions of democracy have been rather reticent in suggesting that democracy would itself promote development and enhancement of social welfare they have tended to see them as good but distinctly separate and largely independent goals. The detractors of democracy, on the other hand, seemed to have been quite willing to express their diagnosis of what they see as serious tensions between democracy and development. The theorists of the practical spirit - Make up your mind: do you want democracy, or instead, do you want development?- often came ,at least to start with , from East Asian countries, and their voice grew in influence as several of these countries were immensely successful through the 1970s and 1980s and even later in promoting economic growth without pursuing democracy.To deal with these issues we have to pay particular attention to both the content of what can be called development and to the interpretation of democracy (in particular to the respective roles of voting and of public reasoning). The assessment of development cannot be divorced from the lives that people can lead and the real freedom that they enjoy. Development can scarcely be seen merely in terms of enhancement of inanimate objects of convenience, such as a rise in the GNP (or in personal incomes), or industrialisation important as they may be as means to the real ends. Their value must depend on what they do to the lives and freedom of the people involved, which must be central to the idea of development.If development is understood in a broader way, with a focus on human lives, then it becomes immediately clear that the relation between development and democracy has to be seen partly in terms of their constitutive connection, rather than only through their external links. Even though the question has often been asked whether political freedom is conductive to development, we must not miss the crucial that political liberties and democratic rights are among the constitutive components of development does not have to be established indirectly through their contribution to the growth of GNP.Q. According to the passage, why is a serious tension perceived between democracy and development by the detractors of democracy?

PASSAGE IIMost champions of democracy have been rather reticent in suggesting that democracy would itself promote development and enhancement of social welfare they have tended to see them as good but distinctly separate and largely independent goals. The detractors of democracy, on the other hand, seemed to have been quite willing to express their diagnosis of what they see as serious tensions between democracy and development. The theorists of the practical spirit - Make up your mind: do you want democracy, or instead, do you want development?- often came ,at least to start with , from East Asian countries, and their voice grew in influence as several of these countries were immensely successful through the 1970s and 1980s and even later in promoting economic growth without pursuing democracy.To deal with these issues we have to pay particular attention to both the content of what can be called development and to the interpretation of democracy (in particular to the respective roles of voting and of public reasoning). The assessment of development cannot be divorced from the lives that people can lead and the real freedom that they enjoy. Development can scarcely be seen merely in terms of enhancement of inanimate objects of convenience, such as a rise in the GNP (or in personal incomes), or industrialisation important as they may be as means to the real ends. Their value must depend on what they do to the lives and freedom of the people involved, which must be central to the idea of development.If development is understood in a broader way, with a focus on human lives, then it becomes immediately clear that the relation between development and democracy has to be seen partly in terms of their constitutive connection, rather than only through their external links. Even though the question has often been asked whether political freedom is conductive to development, we must not miss the crucial that political liberties and democratic rights are among the constitutive components of development does not have to be established indirectly through their contribution to the growth of GNP.Q. What does a constitutive connection between democracy and development imply?

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Consider the following statements:1. Democracy is a guarantee of economic development.2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth.Which of the statements given above is/are correct?a) 1 Onlyb) 2 Onlyc) Both of themd) Neither of themCorrect answer is option 'D'. Can you explain this answer?
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Consider the following statements:1. Democracy is a guarantee of economic development.2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth.Which of the statements given above is/are correct?a) 1 Onlyb) 2 Onlyc) Both of themd) Neither of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements:1. Democracy is a guarantee of economic development.2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth.Which of the statements given above is/are correct?a) 1 Onlyb) 2 Onlyc) Both of themd) Neither of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements:1. Democracy is a guarantee of economic development.2. If we consider all democracies and all dictatorships for the fifty years between 1950 and 2000, democracies have slightly higher rates of economic growth.Which of the statements given above is/are correct?a) 1 Onlyb) 2 Onlyc) Both of themd) Neither of themCorrect answer is option 'D'. Can you explain this answer?.
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