Post
Topic
Board Economics
Re: government hampers the country's economy
by
Invester
on 22/10/2022, 04:36:53 UTC
This is about corruption which is common not only in developed and developing countries but gone uncontrolled in poor countries. Education is the key but it will take time even multiple generations to put an end to corruption or put it in the lowest form.

For hundreds of years, humans came up with many forms of government testing their effectiveness when it comes to power, economy, and populace and nothing came up perfect. Democracy came up as the nearest to perfection but it has its flaws too. But democracy in a fully educated country bound by a population enriched with deep social awareness and responsibility might work.