Is Democracy Relevant for Economic Development of Underdeveloped Countries? Support

question 13

Essay

Is democracy relevant for economic development of underdeveloped countries? Support your position with reasoning and evidence.

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Definitions:

Theory Of Business Ethics

An examination of moral principles and problems that arise in a business environment.

Ethics Of Care

A philosophy that emphasizes the importance of caring for and maintaining relationships with others as a moral obligation.

Moral Hierarchies

The ranking of actions, individuals, or ideas on a scale of moral goodness or ethical superiority.

Ethical Relativism

The belief that morality is not universal and that ethical truths depend on the individuals and groups holding them.