1. In what ways doеs сorruрtіon impact development? Identify three ways in which corruption might be effectively addressed. Corruption affects both the social and economic aspects of a country. In the economy, corruption affects the ease of doing business in the country, especially affecting small businesses. This impedes economic growth as businesses fail to achieve their goals and aims at achieving their growth through unscrupulous ways. In order to outshine their competitors, businesses tend to use fraudulent methods such as giving bribes to win tenders and customers in the market. Although small businesses are the most affected by……….
The post Environmental and Socioeconomic Issues
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