What did the former British Prime Minister Winston Churchill mean when he said,"Democracy is the worst form of government, except for all those other forms that have been tried from time to time"?
What will be an ideal response?
Churchill meant that all of the other forms of governments suffer from the same problems as democracy, but only more acutely. Democracy may not be fully representative of voter preferences, but monarchy and dictatorship are far less representative. Corruption is not confined to democratic governments and, by all accounts, is a much more severe problem when democracy malfunctions or when the form of government is not democratic. Even though democracies sometimes fail to take decisive action in response to crises, there is no evidence that other forms of governments do better.
A-head:DOES DEMOCRACY WORK?
Concept: Political regimes
You might also like to view...
The demand for money increases and the demand for money curve shifts rightward if
A) the real interest rate increases. B) the inflation rate increases. C) the nominal interest rate increases. D) the price level falls. E) real GDP increases.
If the central bank pursues a monetary policy that is more expansionary than what firms and people expect, then the central bank must be trying to
A) boost output in the short run. B) constrain output in the short run. C) constrain prices. D) boost prices in the short run.
Interbank trading is:
a. a monopoly business in the United States. b. controlled by just 10 banks. c. a state-mandated business. d. a highly competitive market, with hundreds of banks offering services.
An import quota:
A. limits the amount of a good that can be imported, thus decreasing prices. B. limits the amount of a good that can be imported, thus increasing prices. C. increases the amount of a good imported, thus decreasing prices. D. increases the amount of a good imported, thus increasing prices.