What is the relationship between economic development and political stability? 🔊
The relationship between economic development and political stability is complex and interconnected. Higher levels of economic development often contribute to political stability by creating a prosperous society with a growing middle class, thus reducing the likelihood of social unrest. Stable economies can provide necessary resources for effective governance, improving public services and overall quality of life. Conversely, economic downturns can destabilize governments, leading to increased unrest and potential conflict. Thus, while economic growth can enhance political stability, it is crucial to ensure that development is inclusive to prevent inequality-related tensions that may threaten stability.
Equestions.com Team – Verified by subject-matter experts