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Corruption affects the economy in many ways, because it involves people with a lot of power and a lot of money. An example of corruption affecting the economy could involve a political figure that takes a bribe from a large company. If that figure then allows the large company to then get away with something, or to receive government funding, that company now has an unfair advantage over other companies in the economy.
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∙ 6y ago
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Why do you have a less developed economy?
we have a less developed economy because of the corruption of the government.
How does the economy affect business?
how does economy affects business
What has the most negative effect on Nigeria's economy?
corruption
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Fraud hurts the economy since it's abusing the system & cause corruption towards the economy.
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everyone as a consumer affects the economy on what they spent and how they spent
More about how the corruption started in the Philippines?
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It affects the economy by the lack of jobs for the Filipinos and there are a lot of problems rising like food shortage,housing problems,pollution and most of all the corruption that's why the money for poor Filipino people is being corrupted by some of the Government officials.
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If there is corruption people'll not pay tex 'caz of which economy of Pakistan will certainly go towards decline......
Why do you have a less developed economy?
we have a less developed economy because of the corruption of the government.
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Zimbabwe has a terrible economy due to years of misrule and corruption.
How does the economy affect business?
how does economy affects business
How the business affect the economy?
how does economy affects business
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elimination of public corruption
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Get rid of Corruption
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corruption
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it was the economy
