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A 2006 meta-analysis found that democracy has no direct effect on economic growth. However, it has strong and significant indirect effects which contribute to growth. Democracy is associated with higher human capital accumulation, lower inflation, lower political instability, and higher economic freedom.

What is the main disadvantage of direct democracy? Frequent elections and meetings make it a very time-consuming process for citizens.

Democracy improves the quality of decision-making. Democracy provides a method to deal with differences and conflicts. Democracy enhances the dignity of citizens. Democracy is better than other forms of government because it allows us to correct our own mistakes.

List of the Advantages of a Monarchy. 1. A monarchy is regarded as one of the most stable forms of government. A constitutional monarchy is less prone to a forced takeover of the government when compared to other arrangements because it provides a dual support structure.

Democracy, which derives from the Greek word demos, or people, is defined, basi- cally, as government in which the supreme power is vested in the people. In some forms, democracy can be exercised directly by the people; in large societies, it is by the people through their elected agents.

• List of the Cons of Democracy It requires voters to be well informed to be effective. ... It focuses solely on the needs of the majority. Within the structure of a democracy, those who find themselves in the minority on a decision will feel like their ... It encourages a herd mentality. People tend to stay in their comfort zones. ... It is costly. ... It requires a lot of time.

• A democracy encourages equality in a positive way. The structure of a democracy gives every vote an equal amount of weight during an election.

• List of Cons of Democracy It risks lack of knowledge among the people. Due to the fact that the people have the power to elect officials into office, they would be often not informed ... It might cause the minority to get the short end. ... It allows for mob influence. ... It might experience election fraud. ... It may have difficulties to avoid shortfalls. ... More items...

• Lack Of Knowledge. Many people are unknown about the voting process they just know to go and cast a vote. ...
• Encourages Mob Rule. The con of democracy is mob rule,political parties keep the mob on their side. ...
• Takes Time To Implement Change. ...
• Divide and rule. ...
• People Think Of Self First. ...
• Corruption. ...
• No Value Of Promises. ...
• Increases Greed. ...