Who among the following summed up in his book Capitalism, Socialism and Democracy that the democratic…
Joseph Schumpeter formulated this competitive account of democracy. It defines democratic government through competition for citizens' votes, by which political leaders…
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Who among the following summed up in his book Capitalism, Socialism and Democracy that the democratic method is an ‘institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for the people’s vote’?
Answer and explanation
Correct answer D
Joseph Schumpeter formulated this competitive account of democracy. It defines democratic government through competition for citizens' votes, by which political leaders acquire decision-making power.
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Telangana SET (TG SET)