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How Corruption Affects The Economy Of the Country

Detailed Information about the ways of corruption.

By Sumesh BhailaPublished 3 years ago 4 min read
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How Corruption Affects The Economy Of the Country
Photo by Markus Spiske on Unsplash

Corruption refers to a type of crime or dishonesty. It means an evil act committed by an individual or a group. Most importantly, this act endangers the rights and rights of others. In addition, corruption involves activities such as bribery and fraud. However, corruption can take many forms. Likely, people in positions of authority are at risk of Corruption. Corruption reflects greed and selfishness.

Corruption Story

Corruption Methods

First, bribery is the most common form of Corruption. Bribes involve the misuse of kindness and gifts for personal gain. Moreover, the types of kindness vary. Above all, these benefits include money, gifts, corporate shares, sexual orientation, employment, entertainment and political benefits. Also, personal gain can be - to provide preferred treatment and targeted crime.

Fraud means the act of withholding property for the purpose of theft. Moreover, it happened to one or more people who were entrusted with the goods. After all, fraud is a form of financial fraud.

Connection is a form of global corruption. Most notably, it refers to the misuse of political power for personal gain. In addition, a popular approach to this connection is to direct public funds to the benefit of politicians.

Robbery is one of the greatest forms of corruption. It means illegally acquiring property, money or services. Above all, this discovery occurs by coercion of individuals or organizations. So, the robbery is exactly the same as blackmail.

Prejudice and discrimination are an old-fashioned way of corruption. This means a person who loves relatives and friends for work. This is a completely wrong practice. This is because many candidates are failing to get jobs.

Harassment of understanding is another form of Corruption. Here a person is abusing his power and authority. An example would be a judge who illegally dismisses a criminal case.

In the end, marketing is the last resort. This refers to the illegal use of a person's influence by the government or other authorized persons. In addition, it happens to gain management or popularity.

Ways to Stop Corruption

Another important way to prevent corruption is to provide better pay for public service. Many government workers earn very low wages. Therefore, they use bribes to meet their expenses. Therefore, public servants should receive higher wages. As a result, higher wages will reduce their motivation and decide to engage in bribery.

Increasing the number of employees can be another effective way to prevent corruption. In many government offices, the workload is quite high. This provides an opportunity to reduce the workload of public servants. As a result, the workers bribe them to get a job as soon as possible. Therefore, this bribe can be eliminated by bringing more staff to government offices.

Strict laws are essential for preventing corruption. Above all, severe punishment should be imposed on the guilty. In addition, there should be effective and speedy implementation of strict rules.

Installing cameras in the workplace is a great way to prevent corruption. After all, most people would avoid indulging in corruption out of fear of being caught. Moreover, these individuals would have been involved in another form of corruption.

Government must make sure to keep inflation low. Because of rising prices, many people feel that their wages are too low. As a result, this increases corruption among the people. Entrepreneurs raise prices to sell their stock at higher prices. In addition, politicians support them because of the benefits they receive.

In summary, Corruption is a major social evil. This evil must be removed immediately from society. Corruption is a poison that has entered the minds of many people these days. We hope that, through consistent political and social efforts, we can eradicate Corruption.

corruption weakens trust, hampers economic development, erodes democracy, and further worsens pre-existing conditions like poverty, inequality, environmental crisis, and social division. Corruption can be prevented even if not stopped. Tough laws are very important for the prevention of corruption. Guilty individuals should be given strict punishment, and the laws should be efficient and quickly implemented.

The government must ensure that the inflow is kept low. Due to accelerating prices, many people feel that their income is low, this increases corruption among the masses. One important way of preventing corruption is by offering a better salary. However, these are just reasons. Anyone determined to stay loyal to their jobs and they will not practice corruption no matter how many opportunities they are given.

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About the Creator

Sumesh Bhaila

The main purpose of my writing is to motivate you people to do something that can help you achieve your big goals and dreams whatever they may be...

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