Iift 2019 Question 36
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IIFT
After reading the passage it can be inferred that the author is of the opinion that neither democracy nor being undemocratic is a necessary condition for economic growth. Rather, the author is of the opinion that undemocratic governments that have established strong market economies and have protected their property rights have enjoyed a period of rapid growth.
Further, in the second paragraph, the author states that in a well functioning , mature democracy, property rights are truly secure.
Options A,B,C all mention factors like democracy,totalitarian regime and benevolent dictatorship respectively. While the author agrees
that all these could achieve economic growth, he is of the opinion that those regimes should have proper market economy and property rights.
Option D hence is the correct answer.