Page 1 - L.N-7.3
P. 1
SAI INTERNATIONAL SCHOOL
SESSION 2020-21
CLASS-X
POLITICAL SCIENCE-Ch-7-Outcomes of Democracy
Lesson Notes
SUB-TOPIC-3
Economic development depends on several factors: the country’s
Economic population size, global situation, cooperation from other countries,
Growth and economic priorities adopted by the country, etc. There is a significant
Development- difference in the rates of economic growth between countries under
Pg-93 dictatorship and democracy. So, democracy is preferred as it has
several positive outcomes.
Economic Outcomes of Democracy
The following points show the relationship of democracy with economic
growth and economic inequalities.
1. Dictatorial regime has had a slightly better record of economic
growth. But when we compare their record only in poor countries,
there is virtually no difference.
2. There can be a very high degree of inequalities within
democracies.
3. There is often inequality of opportunities available to the poorer
sections of the society.
Reduction of Inequality and Poverty
All individuals have equal weight in electing representatives. In the
process of bringing individuals into the political arena on an equal
footing, we find growing economic inequalities.
A small number of ultra-rich enjoy a highly disproportionate share
of wealth and incomes. Their share in the total income of the
country has been increasing.
Those at the bottom strata of the society have very little to
depend upon. Their incomes have been declining.
In actual life, democracies do not appear to be very successful in