5.1 Examine the difference between early democracy and modern democracy.

5.2 Describe the relationship between income and democracy.

5.3 Summarize modernization theory and explain how economic development affects

democracy.

5.4 Discuss credible commitment problems and identify potential solutions.

5.5 Describe the political resource curse.

5.6 Indicate how foreign aid affects democracy.

5.7 Discuss the relationship between economic inequality and democracy.

5.8 Indicate how state power affects the prospects for democracy.