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Economic growth and development-
If we expect democracy to be good government so there should be development also. But if we observe the
economic growth between 1950-2000, dictatorships have slightly higher rate of economic growth.
Then why didn’t we reject democracy?
Bcuz economic development depends on several factors: country’s population size, global situation cooperation from
other countries, economic priorities adopted by the country, etc.
Reasons for acceptance of democracy?
Difference in the rates of economic growth between countries with less developed dictatorship and democracy is
negligible.
It is better to prefer democracy as it has several other positive outcomes.
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