What is the impact of economic growth on political stability? 🔊
Economic growth can significantly impact political stability by enhancing social welfare, increasing government revenues, and fostering public support for policies. Higher economic performance often leads to improved living conditions, reducing discontent among the population. However, disparities in wealth distribution can lead to tensions and unrest if certain groups feel neglected. The relationship between growth and stability is intricate; while economic prosperity can bolster governmental legitimacy, it may also provoke opposition if inequalities are perceived as exacerbated. Thus, maintaining balance between growth and equitable distribution is key to ensuring long-term political stability.
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