Political polarization hinder economic growth
Political polarization is the division of a population into two opposing groups with strong mutually opposed views. This can be on a variety of issues, such as social, economic, or political. When a country is highly polarized, it can have a number of negative consequences, including hindering economic growth.
There are a number of ways in which political polarization can hinder economic growth. First, it can lead to gridlock in government. When two opposing parties are unable to agree on policy, it can be difficult to pass legislation that is necessary to promote economic growth. For example, the United States has experienced significant gridlock in recent years, which has made it difficult to pass legislation on issues such as infrastructure, healthcare, and taxes. This has had a negative impact on economic growth.