Explanation
Democracy is a system in which people rule the country through elected representatives. Democracy is more accountable, improves quality of decision making and enhances dignity of citizens. Among the given options, all the statements are true regarding democracy except the one which says that it improves economy of the country. Democracy is not directly linked to the economy.
Democracy is a best form of government because of the following reasons:
In a democratic government, a citizen has the right and the means to examine the decisions taken by the govt. It is known as _______________ .
Economic development is characterized by which of the following?
Economic development: defined as efforts that seek to improve the economic well-being and quality of life for a community. It is a qualitative and quantitative measure. It is characterized by Structural change in the economy and Change in the occupational structure.
Which of the following explains the term economic growth _______________.
Economic growth is how much more the economy produces than it did before. It is nothing but Increase in per capita production, Increase in per capita real income, Structural change in the economy. It is a quantitative measure.
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