Running head : ECONOMIC DEVELOPMENT AND DEMOCRACYNameInstitutionIntroductionEconomic machinatement refers to the furtherance made in the frugal spheres of social life . This could be explained by comparing the development of m matchlessy from the initial level of barter trade to the coins and banknotes or plastic money before long in use . The various stages in the development of fiscal instruments can be referred to as economic development . A country develops economically from an agro based economy to an industrialized one . Democracy is a form of political establishment that has legion(predicate) forms . Its basic characteristics allow for the involvement of as many citizens as possible in the political process either finished direct involvement or by representative connection . Democracy in its most refined form view the rights of individuals to freedom of speech , association and movement . For the most composition political theorists posit that nation is the gameest form of political organization having evolved from highly autocratic and controlling regimes . The commie ideology prided itself as the antithesis to democracy predicting that democracy and its capitalist ideals impart collapse collect to the contradictions within the system and consequently give birth to the communist state . This was not to be and instead communism per se has given way to democracy . This posits that democracy as a political form of social organization is not a prerequisite to economic developmentThe modernization supposition developed as an attempt to explain the changes in society due to the modernizing influences of economic developments and technological advances . It posited that the to a greater extent democratic a nation the great will be its economic development . Thus for the scholar of the modernist theory , economic development of a nation could be measured by the level of democracy practiced . This theory has been criticized for basing its benchmarks on western standards and especially the American interpretation of democracy and development .
It has failed to take into consideration the socialists and communist nations that have achieved high levels of development without necessarily practicing democracyLate modernization refers to the situation whereby nations or societies develop from one level to an other much later than other nations . It thus becomes imperative for these societies to catch up with those that are highly developed . To push through some of the modernizing practices it is necessary for the leadership of such nations to dictate the pace and direction that the nation will take . In most instances this calls for an autocratic leader with dictatorial tendencies if the goals and ambitions are to be realized . The communist leadership on a lower floor Mao Tse Tung in china and the Emperor of lacquer developed their nations within a relatively short coupling of time despite resistance to their actions . The methods used to modernize their states were at times extremely brutal and cost thousands of lives to be satisfactory to succeed . These nations achieved remarkable development without necessarily becoming more democratic . This is especially so in the case of China . However , western influence is bearing on these nations to outspoken up their democratic...If you want to get a full essay, assemble it on our website: Orderessay
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