Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Economic

75 views

Published on

economic

Published in: Economy & Finance
  • Be the first to comment

Economic

  1. 1. 1 Presented by bibi MaRyaM
  2. 2.   Introduction to economics  Characteristics of developing economy  vicious circle of poverty.  Common features of developing country  Improvements or how to stabilize economy  conclusion 2 Contents
  3. 3.  Economics is a science which deal with economy of a country at macro or as well as at micro level..  According to ADAM SMITH.. “Economics is a science of wealth”  He broadly explain four factors of production. 1)Production of wealth 2)Exchange of wealth 3)Distribution of wealth 4) Consumption of wealth 3 Economics
  4. 4.  politicians feudalism public 4 Hierarchy
  5. 5.  Some characteristics of developing country are  General poverty and low level of living  Rapidly rising population  Underutilization of natural resources  Shortage of capital  Corrupt administration  Illiteracy 5 Characteristics of developing economies
  6. 6.   Illiteracy  Vicious circle of poverty  Un employment  Poor technology  Low PCI and low GDP  Feudalistic system  Foreign debts  Flight of capital from Pakistan 6 Cont..
  7. 7.  Political instability: It frequent changes in government and military rule. People have no confidence in the ability of government to improve their economic condition. Government and politicians misleads the common man in the name of religion, race, province etc. 7 Two Important features
  8. 8.  8
  9. 9.   People ignorance and poverty provides opportunities for corruption.  Selection of government officials is not on merit.  Political pressure do not allow clean administration and it basic stage of social evil, corruption.  By this problem citizens of country cope many social and economical problems and it cause un equal distribution of wealth. 9 Inefficient and corrupt administration
  10. 10.  10
  11. 11.  11
  12. 12.  POVER TY low income Low saving low investm ent Low producti on 12 Vicious circle of poverty
  13. 13.   Population control  Effective planning  Political stability  Development of energy resources  Increase in ratio of employment  Control of inflation  Surplus exports  Industrial developments 13 Stabilize economy
  14. 14.   There is a direct relation between economy and politics because when there is political stability then automatically our economy will boost up, when budget of country will increase than it brings a huge and positive change in a country…. 14 Conclusion
  15. 15.  Economics book part 2..  Author of book is: Habib Ulla vaseer  Ask us any thing  General knowledge  Google  Social anthropology 15 references
  16. 16.  QUESTION PLEASE?  16 THANK YOU….

×