It is always the general welfare of the people that is sought to be promoted. However, this doesn’t mean that the minority are being prejudiced. Their rights are also protected by the fundamental law of the land. According to Abraham Lincoln, democracy is a government for the people, by the people, and of the people. However, this type of democracy was questioned by different political thinkers, philosophers, and scholars when America underwent the great depression. It affected the political economy of the western world. It cannot be denied that the politics has something to do with economy. As a matter of fact, if the government is successful in carrying out the will of the state, the outcome of the economy is also good. If the government performs less of what is expected from it, its economy is also affected. Many looses their job, stock markets crash, manufacturing and production
It is always the general welfare of the people that is sought to be promoted. However, this doesn’t mean that the minority are being prejudiced. Their rights are also protected by the fundamental law of the land. According to Abraham Lincoln, democracy is a government for the people, by the people, and of the people. However, this type of democracy was questioned by different political thinkers, philosophers, and scholars when America underwent the great depression. It affected the political economy of the western world. It cannot be denied that the politics has something to do with economy. As a matter of fact, if the government is successful in carrying out the will of the state, the outcome of the economy is also good. If the government performs less of what is expected from it, its economy is also affected. Many looses their job, stock markets crash, manufacturing and production