question_answer

Write a note on the economic outcome.

Answer:

Economic Outcome of Democracy

If democracies are expected to produce good governments, then is it not fair to expect that they would also produce development? But evidences show that in practice many democracies did not fulfill this exception.

However the economic outcome includes or constitutes:

(i) Economic development

(ii) Reduction in economic disparities

(iii) Economic inequalities

(iv) Reduction in poverty

Refer to Ans-12, 13, 14, (1 Mark).

Conclusion:

On the basis of above economic outcome we can safely say that it is better to prefer democracy, as it has several other positive outcome.