03-02-2020
Social Studies

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does democracy depend on economic development?

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sweetelena sweetelena

03-02-2020

Answer & Explanation:

A 2006 meta-analysis found that democracy has no direct effect on economic growth. However, it has strong and significant indirect effects which contribute to growth. Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom.

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onukansifrancisca onukansifrancisca

03-02-2020

Answer: It depends on it indirectly

Explanation:Democracy is associated with higher human capital accumulation,this means that if the rate of inflation is low, it will lower political instability which will help democracy grow.

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