What are the economic outcomes of democracy?
1) Rather than economic growth and development, democracies can reduce economic disparities. This is because when a country achieves economic growth wealth is equally distributed among all citizens for paving better life.
2) Eradication of poverty by Government through programmes and policies are possible only in democracy and not in other forms of non – democratic government
3) Though the economic growth and development is slow in democracy, it cannot be considered as the worst form of government as it has its own positive factors