State regulation and democracy in economic science

In this article there will be the following terms "effectiveness of state regulation" and "democracy", and also these concepts will be adapted for possible research. For more information, see the "Questions and Answers" section. For the sake of justice, it should be noted that the issue of governance of state law (that is, not for one millennium). And at the present time, effective management of economic development, considered as the most important element that should be included in the management strategy of each state and region. Not one millennium and the word "democracy", moreover, this concept has not changed much in its content since the first use. Democracy and democratization, often in the formulation of "law and freedom," paying even more attention than public and international development, and in the context of economic science.