Question

Democracy tends to best promote economic freedom when there is

a. checks on the power of both the executive and legislative majorities.
b. constitutional protection of private property rights.
c. political decentralization.
d. all of the above.

Answer 1

It tend to favour economic freedom when there is
- checks on the power of both the executive and legislative majorities.
- constitutional protection of private property rights.
- political decentralization.
The existence of all the things above will guarantee that there is a fair competition in the market and the Power of the trade will fall to the hands of the citizens, not the Government.