Write any two effects of increasing corruption on a nation
Answers
On the economic level, corruption leads to: Hindering the development of economy, which affects the short and long-term goals of development plans. Wasting of the State's resources, which prevents their optimal use. Shutting out local and foreign investment due to the lack of incentives.
Corruption erodes the trust we have in the public sector to act in our best interests. It also wastes our taxes or rates that have been earmarked for important community projects – meaning we have to put up with poor quality services or infrastructure, or we miss out altogether.
Answer:
the following are the two effects of increasing corruption on a nation
Explanation:
1. corruption in the public and private sector is the biggest problem in India. People develop distrust and dissatisfaction about the entire system. The lost trust in democracy because of corruption.
2. It is found at all levels economic political social and at government levels. The misuse of power is also corruption.