How are democracy and wealth related?
A) Once people's basic needs have been met, there is an increased demand for democracy and political participation.
B) Democracy is associated with institutions (free press, private property rights, lower levels of corruption) that are favorable toward growth and wealth accumulation.
C) Neither A nor B is correct.
D) Both A and B are correct.

Question

Quizplus · Accepted Answer

As people's basic needs are met, they become more interested in political participation and demand for democracy increases. Additionally, democracy is associated with institutions that promote economic growth and wealth accumulation, such as a free press, private property rights, and lower levels of corruption. Therefore, both A and B are correct.

How Are Democracy and Wealth Related