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What is economic democracy?
Answer:
Answer by student:
-
Economic democracy means equal
economic opportunities.
-
It means that all should have
equal opportunities
to be
employed
or to
set up their own businesses.
-
Economic democracy means the
absence
of all
exploitation
, such as workers by owners or peasants by landlords.
-
Economic democracy is a system where the people have the
benefit
from the economic growth and development of the country.
-
Economic democracy is a system where the people have the
participation
and
representation
in the economic decision making and policy making of the country.
- Economic democracy means fair distribution of wealth in the society and no concentration of wealth in the hands of a few.
*Write any 5 points.
