Economy of the state has always played an important role in the formation of the political structure of the country. Governments have shuffled, parties have been made and destroyed, ideologies have been constructed, on the bases of the economic conditions of the country. The mottos of the parties and ideologies of the groups, have always based on the economic structure. Different countries work on various prinicples to stabilize the economic conditions. The power of the state depends and deeply relies on its economic growth. The parties in power, work for the betterment of the financial situation of the country. Different ways are adopted to achieve the goals, on the basis of which caniditates seek for votes. People think and chose that person, whom they consider to be the one, who can improve the economical conditions of the country and this factor for giving votes is one of the most important element. Ideologies are different and ways of forming the government are seperate but still the base of everything and the first action taken by any party in power is the betterment of economy. The growth rate depends upon the decisions made by the authorities in the right direction. In this way, politics depends upon the economy and its strength depends upon the growth of the countries economy.
2 comments:
yes, politics depends on economy and the country's progress depends on economic progress. America is considered to be the super power of the world and it has definitely one of the strongest economies in the world, and other countries such as china that are considered to be progressing at a fast rate are also economically stronger than other nations.
I agree with your point that economies contribute greatly to the political system of a state. The economy is the basis of how the resources will be managed and how the state will run. However, states have other characteristics too which are dependent on political factors alone- this is apparent in the many different forms of states that all follow capitalism. Not only this, the political conditions can also influence the economy in the case of market intervention and capital flight.
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