“Democracy is better than other forms of government”. Examine the statemen

Democracy is better than other forms of government. It has following benefits:

A democratic government is

a better government because it is a

more accountable form of

government.

Democracy is based on

consultation and discussion. A

democratic decision always involves

many persons, discussions and

meetings. When a number of people

put their heads together, they are

able to point out possible mistakes

in any decision

Democracy provides a

method to deal with differences

and conflicts.

Democracy enhances

the dignity of citizens.

Finally, democracy is better than

other forms of government because

it allows us to correct its own

mistakes.

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.