1. Effect of inflation on Pak-economy
Inflation mean
Inflation effect the different sectors of the economy
a. Income and Wealth
b. Production
c. Government
d. Balance of Payment
e. Political Environment
f. Investors and Shareholders
2. Effect of Unemployment
Unemployment refers to a situation in which a worker who is capable of
working and want to work do not get employment.
4. Causes of unemployment
High population growth
Absence of employment opportunities
Seasonal employment
Slow development of industries
Insufficient Rate of economic progress
5. Corruption
Corruption in an act of bribery involving a public servant and a transfer of
tangible resources. Corruption is a form of dishonest or unethical conduct by a
person entrusted with a position of authority, often to acquire personal
benefit. Corruption may include many activities including bribery and
embezzlement, though it may also involve practices that are legal in many
countries.
6. Effect of Corruption in economic
progress of Pak
Corruption decreases the growth in economy and facilitate criminal activities such as
1. Drugs trafficking
2. Money laundering
3. Fraud
There are 4 types of corruption
I. Bribery
II. Embezzlement
III. Fraud
IV. Extortion