“In actual life, democracies do not appear to be very successful in reducing economic inequalities.” Support this statement by giving three arguments.

Democracies are based on political equality.
All citizens have equal right in electing representative but:
(i) The same thing does not happen in the economic field.
(ii) Economic equality comes by the equitable distribution of wealth, but this is not true in democracy. (iii) The poor are becoming poorer and sometimes they find difficult even to meet their basic needs of life such of food, shelter, health and education.
(iv) Democracy has not been able to provide minimum facility to all the people.