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In: Economics

write an essay on the topic. corruption. 3 pages.

write an essay on the topic. corruption. 3 pages.

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Expert Solution

Corruption is one of the serious problem faced by many countries of the world. The most common form of corruption is bribe, favouritism, nepotism and special privileges to the particular community. Extortion is one major method of Corruption. It means to obtain property, money or services illegally. Above all, this obtainment takes place by coercing individuals or organizations. Hence, Extortion is quite similar to blackmail.Favouritism and nepotism is quite an old form of Corruption still in usage. This refers to a person favouring one’s own relatives and friends to jobs. This is certainly a very unfair practice. This is because many deserving candidates fail to get jobs.

Kindly find the attached file for explanation.

Thanks ?.

Rahul Sunny answered 9 months ago
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