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 71 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

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Signs and symptoms of a drug overdose include losing consciousness, fever or sweating, breathing problems, abnormal pulse, and changes in skin color.

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea Seasonal changes in biomass and growth form of benthic algae in the Eel River, California: (a) in ea
The spongy bone in the top of the femur changes density and organization during growth. The spongy bone in the top of the femur changes density and organization during growth.
Role of Factors of Production in Determining Growth, 1975–2009 Role of Factors of Production in Determining Growth, 1975–2009
economic question economic question
economic question economic question
Economic question 5 Economic question 5
Video: Net filtration pressure and lymph formation, edema & blood velocity

For a complete list of videos, visit our video library