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"In actual life, democracies do not appear to be very successful in reducing economic inequalities." Explain the statement giving an example.

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atics pecialise in mba / economics students of all levels

Dear Student.. Today India is 70 years old in this Indian Parliamentary form of Democracy .. the legacy of our Founding Father of indian Independance ..the Political freedom was got with great Pain, tears, blood and sweat of millions who died in out freedom struggle ..but Economic freedom was slipping...
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Dear Student.. Today India is 70 years old in this Indian Parliamentary form of Democracy .. the legacy of our Founding Father of indian Independance ..the Political freedom was got with great Pain, tears, blood and sweat of millions who died in out freedom struggle ..but Economic freedom was slipping with the Congress in power for more than 67 years.. the Present Government is still handicapped by our Indian Constitution in not being able to help the poor to become atleast better off since so many development Plans like five year plans , Panchayati Raj , Industrial policy 1948 . 56 , 1973 , and with MRTP Act 1969 , nationlisation of banks and latest DEMONETISATION Measure of PM Modi & much swifter GST has destroyes lives & economics lives of all ,Farmers are worst HIT BY DROUGHTS & Demonetisation ..which failed to bring BLACK MONEY .. THIS form od Democracy ( Indian ) is still after the British Pattern ,designed by great Stalwart Dr Ambedkar ..has AGGRAVATED the Political & ECONOMIC FALL OUT of MILLIONS OF jobs in small Hapless farmers reeling under DEBT SUICIDES , and small artisan, labout class & middle class with no money to spend except increasing show od Digital currency ( debit cards ) & JAN DAN Accounts of millions of poorest sections with no money to eat & live .forget spending on necessaries & basic needs ..this demonetisation is SINGLE Example of failure of Indian Democracy & the ruling Government facing a terrfic 2 % fall in GDP from 8.5% to absymal 7.1%.. Dr K S Velmurugan Pondicherry

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