Which of the following arguments suggests that democracy promotes economic development better than non-democracy?
A. The leaders in a democracy are more likely to engage in corruption and make inefficient economic decisions due to lack of competition and fear of political consequences.
B. Democratic leaders tend to be benevolent and public-minded as they have absolute and permanent political power.
C. Democratic governments are more insulated from the demands of political parties, interest groups, and lobbies.
D. Democracies are better at protecting individual property rights compared to non-democracies.
E. Democracies are more insulated from political lobbies than non-democracies and hence can make better investment decisions with no crowding out of the private sector.
Question 2
The Communist Party of the Soviet Union became the Russian Communist Party and continues to dominate Russian Politics.
Indicate whether this statement is true or false.
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economic question