How Are Democracy and Wealth Related

question 109

Multiple Choice

How are democracy and wealth related?

• A) Once people's basic needs have been met, there is an increased demand for democracy and political participation.
• B) Democracy is associated with institutions (free press, private property rights, lower levels of corruption) that are favorable toward growth and wealth accumulation.
• C) Neither A nor B is correct.
• D) Both A and B are correct.

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Definitions:

Life Cycle

Describes the sequence of stages that an entity (product, project, or organism) goes through from its inception or birth to its termination or death.

Storming Stage

The second phase of team development, characterized by conflict and struggle as members start to express differing opinions and vie for positions.

Performing Stage

The phase in a team's development characterized by high levels of collaboration, trust, and productivity.

Team Life Cycle

Describes the development stages a team goes through, from formation to termination.