Question

How 'Political change' and 'politics of change' affect the development and well being of an economy....

How 'Political change' and 'politics of change' affect the development and well being of an economy. Differentiate each of them.

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Answer
Political change and Politics of change affects the development and well-being of an economy. Political change is the change when one of the ruling party does not perform better and the other party which has a different ideology comes into power by convincing the people that they will improve the existing political system and economy of the country by implementing policies which are better than the previous government. In political change the different political parties criticize each other and always prove themselves as the best policy makers and well wishes for the people of the country. As a matter of fact the policy is generally formed by the intellectuals of the country and there is only a minor change in the policy making when the the political party changes and almost all the the policies which were supposed to be implemented are implemented with a minor change in the name which are suggested by these political parties which come into power. On the other hand politics of change is a totally different concept. In politics of change whichever party maybe ruling but the main aim of the political party must be to serve the people in the best way. Politics of change is irrespective of the people or the party which is ruling the country but it believes in the concept that politics in any country must be such that it must be the best for the people and those policies must be implemented which can give the maximum benefits to the people in terms of various factors which are responsible and under the control of government such as employment, education, ease of doing business, health Care, foreign investment etc. These all are several factors which are responsible of the Government and politics of change believes in the concept that the government must perform at its maximum efficiency and believe in the fact that it the responsibility of any political party or government form in that country is to think of the overall Welfare of the people in the best possible way.

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