Depreciation solved problems pdf
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A password will be e-mailed to you. The socio-economic problems of Pakistan depreciation solved problems pdf massive in scale and disastrous in intensity. The social hiccups range from exponential growth of population to rising rate of illiteracy, unbridled inflation to deep rooted poverty. The country faces worst form of terrorism fanned religious intolerance and sectarianism.
The covert foreign involvement has aggravated the problem. Besides aforementioned crisis the country is gripped by gender discrimination and general apathy towards women issues. Moreover, feudalism and totalitarianism has deprived millions of people from their basic human rights as they are not considered equal citizens of the country with equal rights, but peasants or subjects. The economic problems and social problems of Pakistan are complex in nature. Average wage is among the lowest in the world, but unemployment rate is sky high. Low agricultural yield and nominal industrial products resulted in inflation and poverty.
The low agricultural and industrial productivity have put the economy at the brink of collapse. The aforementioned problems have not propped up overnight, nor any single person or regime in responsible for the awful situation in which Pakistan is in. The situation has matured over a period of decades under successive governments whether democratic or authoritative. The culture of shirking responsibilities and putting the burden on the previous government sowed what is cultivated today in Pakistan. The consequences are always generated by the causes.
The first and foremost cause of poor socio-economic condition of Pakistan is bad governance and mismanagement on the part of authorities at power corridors. The only difference between a developed and developing country is how a particular country use its resources. The developed countries have progressed because of proper management and utilization of available resources. The government without vision, as a principle, ought not to be put in power. Unfortunately, during the last six decades after Jinnah and Liaqat Ali Khan, Pakistan failed to produce a visionary leader. Politicians invariably relied on occasional doses for momentary relief in the form of loans, grants, and other unproductive schemes.
Lack of planning is another factor which is also related to vision. Vision and planning go side by side. In Pakistan, ruefully, plans are made but not executed and if executed, then in a haphazard manner. Even strategies are devised in an inconsistent way and every new government abandons not only policies but also projects undertaken by the previous government. Rampant corruption and nepotism have destroyed the foundations of Pakistan. These problems are deep rooted and chronic and have penetrated into every social structure.
It has become so unbridled that even if honest efforts are made, even then it would take years to control this menace. The funds allocated for development projects are adjusted on paper, but not spent on site. Each and every department of the country is plagued by corruption. Besides corruption and mismanagement, unchecked exploitation of natural and monetary resources produces socio-economic pressures.