Is majority rule a good method for efficient resources


Problem:

In a democracy, the government's decisions are made by majority rule. Is majority rule a good method for the efficient and fair allocation of resources? What are the advantages and disadvantages of allocating resources by majority rule? Do the advantages outweigh the disadvantages in your opinion? Give reasons for your views and try to head off any potential criticisms that may arise. When would majority rule allocation of resources be most appropriate, and when would it be least appropriate? Did this have anything to do with the founders making the United States a democracy within a republic?

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