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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
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