Respuesta :
Many suggest that developed democracies are undergoing significant social, political, and economic changes, becoming postmodern.
How can democracy contribute to economic development and growth?
Throughout history, there has been a significant correlation and interaction between democracy and economic growth and progress. Although there is unquestionable proof of this relationship's existence, economists and historians disagree on its precise form, which is why the latter has been the focus of numerous discussions and investigations. Particularly when contrasted to autocracy, the benefits of democracy for economic progress, such as the transfer of power and the management of social conflicts, far exceed the drawbacks. One of the key causes of this is that when there is no apparent alternative, voters and society as a whole are willing to support difficult trade-offs and adjustments. This is mainly accurate in nations with advanced educational systems.
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