This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Why do some scholars suggest that democracy hinders economic growth? What will be an ideal ... (Read 72 times)

lidoalex

  • Hero Member
  • *****
  • Posts: 538
on: Jul 8, 2018
Why do some scholars suggest that democracy hinders economic growth?
 
  What will be an ideal response?

Question 2

The Politburo is the Chinese Communist Party's equivalent of a government ____________.
 
  A. legal office
   B. political party liaison
   C. lobby
   D. cabinet


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Edwyer

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 8, 2018
Answer to Question 1

In democracy, individuals have the right to demand resources from the state. In addition, the interest groups and political parties try to protect and advance the private interests of their supporters at the expense of public interest. The governments respond to the louder and betterorganized specialinterest groups for increased spending on particular programs rather than to overall public opinion. This leads to an increase in taxes, potentially crowding out money for investment in the private sector. In contrast non-democracies can make better investment decisions with no crowding out of the private sector, as they are more insulated from the demands of political parties, interest groups, and lobbies. Hence, scholars suggest that democracy hinders economic growth.

Answer to Question 2

D


lidoalex

  • Member
  • Posts: 538
Reply 2 on: Jul 8, 2018
Excellent

isabelt_18

  • Member
  • Posts: 342
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Economic and Social Development Economic and Social Development
Economic Analysis of Social Issues Plus MyEconLab Economic Analysis of Social Issues Plus MyEconLab
Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ... Under ideal conditions, a single cell of the bacterium E. coli would divide every 20 minutes to ...
A Comparison of Economic Systems A Comparison of Economic Systems
economic question economic question
Economic question Economic question
Video: Properties of macromolecules (Explained with No Audio)

For a complete list of videos, visit our video library