“Democracies are not appearing to be very successful in reducing economic inequalities.”

cbse
challenges-to-demo
cbse-class-10
political-science
cbse-class-10-social

#1

“Democracies are not appearing to be very successful in reducing economic inequalities.” Analyse the statement.

Answer:
Democracy and the economic outcomes

  • Slow economic development and economic growth due to population
  • Basic needs of life, such as food, clothing, shelter are difficult to make
  • Prevalence of Economic Inequalities
  • Poverty is still a big issue
  • Allocation of resources in few hands
  • Unjust distribution of goods and opportunities