What is the relationship between democracy and the free enterprise system Brainly?

What is the relationship between democracy and the free enterprise system Brainly?

Answer Expert Verified In both the democracy and the free enterprise system, the government plays its own role by making laws that protect both the public and the private companies. Price is the determinant factor of what is produce and for whom it is produced for.

What is the relationship between democracy and economic development?

Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom. Democracy is closely tied with economic sources of growth, like education levels and lifespan through improvement of educative institutions as well as healthcare.

What is the relationship between democracy and economic development explain Class 10?

1 Answer. Relationship between democracy and development are: (i) Democracies are expected to produce development. (ii) Development depends upon many factors, i.e., size of population, global situation, cooperation from other countries, etc.

What do you mean by the economic outcomes of democracy Class 10?

Hello Tanishqa, The economic outcomes of democracy are: It helps in eradication of various programmes and policies that are not beneficial for the people of the country. Though, economic development in democracies is not as high as dictatorship, however, it does help in reduction of economic disparities in a country.

What outcomes are expected of a democracy?

The expected outcomes of democracy are as follows: (i) A government that is chosen and accountable to the people is called democratic government. (ii) A government that is responsive to the needs of the people. (iii) Economic growth and development reducing all forms of inequality and end of poverty.

What is the basis of democracy Class 10?

Democracy is based on the idea of deliberation and negotiation. They ensure that the decisions taken are acceptable to all the people. Democracies are accountable to its citizens. That is, all decision making has to be transparent.

What are the most basic outcomes of democracy Class 10?

Therefore, the most basic outcome of democracy should be that it produces a government that is accountable to the citizens, and responsive to the needs and expectations of the citizens. Was this answer helpful?

Why democracy is accountable responsive and legitimate government?

Answer: Democracy produces an accountable government because it provides regular, free and fair elections regularly. Democracy gives its citizens the right to information about the government and its functioning. Democracy provides a responsive government as it is formed by elected representatives of the people.

Why is democratic govt called a more accountable form of government?

A democratically elected government is more accountable to the public because it comes to power due the majority of the public voted for it. The government is apprehensive that the same public may not vote it to power next time if it does not fulfil their expectations.

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