Single Answer MCQ
Q-00044760
Which of the following best defines the impact of democracy on economic inequality?
1
Democracy guarantees equal distribution of wealth.
2
Democracies can still exhibit significant inequalities.
3
Economic equality is inherent in democratic systems.
4
Inequality is always higher in democratic nations.
Answer and Solution
Answer
B. Democracies can still exhibit significant inequalities.
Solution:
The text notes that even within democracies, there can be vast inequalities, as shown by high income shares in countries like Brazil and South Africa. This highlights that democracy does not inherently solve economic disparities.
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