Economic Efficiency

In a democracy, the government’s decisions are made by majority rule. Is majority rule a good method for the efficient and equitable 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?