"Democracies do not appear to be very successful in reducing economic inequalities." Justify the statement.
Success of Democracies in reducing economic inequalities:
We find growing economic inequalities in Democratic countries.
A small number of ultra rich enjoys a highly disproportionate share of wealth and incomes.
Their share in the total income of the country has been increasing.
The income of poor have been decline sometimes they find it difficult to meet their basic needs of life.
Though democracies gradually reducing the number of poor from poverty & hunger.