The economy of every country I would say is the backbone of development of that country. in recent issues popping up we've seen and heard about numerous crisis befallen several countries. It is also obvious that some of the crisis don't just affect developing countries but also affects already developed countries.
The question here is; is it that these countries lack income or could there be any other factors. Upon research indeed there are other factors leading to these crisis, some of which is mainly due to UNEMPLOYMENT. Most countries generate its income from the taxes collected from its citizens, but where will these taxes be generated from if there are no adequate jobs to employ people, particularly the youth. Every year about thousands and millions of students graduate out of the universities and colleges and yet majority of them roam and live unemployed. It is indeed sad that Government of these affected countries,particularly, refuses to see and tackle such issues and wait until it turns out to be uncontrollable.
Another factor is Lack of Motivation for Private Jobs or Individual Talents. In every country the bridge between government sectors and private sectors are somewhat wide that government shows less concern to the operations of these ventures or talents being it acceptable by the society or not. In most cases we realize that there are people living in some communities, cities and as a matter of fact countries with certain gifted talents which can promote the development of the country. Because such people lack the financial or legal support from the government they turn to either neglect their abilities or use what they produce themselves after which there are no intent of reproducing.
So many other factors constitute the global economic crisis, some of which are: Improper Education System, Corruption of Country leaders and to some extents its civilians, and others. This and many more issues creates the awareness to us that the world has got a whole lot of untied knots to tie else generations unborn will be left with no alternative than to face the then difficulties...............MY COUNTRY DESERVE BETTER, YOUR COUNTRY SO DOES, OUR WORLD DESERVE THE BEST.
Well said
ReplyDeletethat's a nice piece
Kindly suggest some solutions that can help reduce or even put an end to these crisis
in our beloved Country(will also make your article touching and worth reading too)
sure will mention them out in several articles to come...thanks for the tip
Delete