Welcome to Admin Junkies, Guest — join our community!

Register or log in to explore all our content and services for free on Admin Junkies.

What are the effects of politics on a country's economy?

Good-Person

Captain Junkie
Joined
Feb 6, 2021
Messages
48,200
Credits
0
Political instability is a very common problem in many countries. When a country suffers from political crisis, the business in that country may suffer a lot. This may have a really huge impact on the economy as well. So, in what ways can politics affect the economy of a country?
 
Advertisement Placeholder
Whenever there is a political crisis in the country, it is something that is always capable of rendering most businesses crippled because the instability will not even encourage business operation.

It is like what is going on in my country today that we don't open for business on Monday because of political instability that always gets very hot on Mondays.
 
Whenever there is a political crisis in the country, it is something that is always capable of rendering most businesses crippled because the instability will not even encourage business operation.

It is like what is going on in my country today that we don't open for business on Monday because of political instability that always gets very hot on Mondays.

Our country has experienced many political crisis. Under such kind of circumstances, the rate of foreign currencies have grown a lot. Political tensions have a major effect on your foreign reserves. This in return has a very big negative effect on businesses.
 
Politics is a medium to reach the government level and government is the body that makes laws, including the ones that govern economics of the country. Therefore, politics can affect the economy greatly. Interestingly, the effect is sometimes negative and sometimes positive.
 
Our country has experienced many political crisis. Under such kind of circumstances, the rate of foreign currencies have grown a lot. Political tensions have a major effect on your foreign reserves. This in return has a very big negative effect on businesses.

Right now, it's very difficult for any foreign investors to come and invest in my country because there's no security for their investment. Top personalities are kidnapped from time to time. We are not living in a country where peace thrives and that's not good for any kind of business.
 
Right now, it's very difficult for any foreign investors to come and invest in my country because there's no security for their investment. Top personalities are kidnapped from time to time. We are not living in a country where peace thrives and that's not good for any kind of business.

Well, this is a kind of problem faced by many different kinds of countries. When law and order is not in a proper form, things could go wrong at any time. This creates uncertainty and this is what keeps many investors away, unfortunately. So, political conditions should be managed before things go wrong.
 
If there's political instability in a state, everything in the state will be in shambles. The economy is will be experiencing recession before it will turn into depression. Nothing is going to be working in the state. Businesses will be halted and anxiety among the citizens.
 
Well, this is a kind of problem faced by many different kinds of countries. When law and order is not in a proper form, things could go wrong at any time. This creates uncertainty and this is what keeps many investors away, unfortunately. So, political conditions should be managed before things go wrong.

It's been a very difficult 4 years for all businesses in my country. Business and working days are supposed to be 5 days but for years we have been forced to work only 4 days. Imagine the amount of money businesses are losing every week for losing a full day of business.
 
Politics can significantly impact a country's economy. Government policies, decisions, and stability play a crucial role. Favorable political conditions can promote economic growth by encouraging investments, fostering a business-friendly environment, and implementing effective economic policies. On the flip side, political instability, corruption, or inconsistent policies can create uncertainty, hindering economic development. Elections and changes in leadership can bring shifts in economic strategies and priorities.
 
Right now, it's very difficult for any foreign investors to come and invest in my country because there's no security for their investment. Top personalities are kidnapped from time to time. We are not living in a country where peace thrives and that's not good for any kind of business.

This is a major issue in many countries. The fact of the matter remains that there are many rich countries that are also facing such kind of issues. However, corruption in the political department has destroyed the system of the country. This is quite concerning.
 

Log in or register to unlock full forum benefits!

Log in or register to unlock full forum benefits!

Register

Register on Admin Junkies completely free.

Register now
Log in

If you have an account, please log in

Log in

Would You Rather #9

  • Start a forum in a popular but highly competitive niche

    Votes: 9 27.3%
  • Initiate a forum within a limited-known niche with zero competition

    Votes: 24 72.7%
Win this space by entering the Website of The Month Contest

Theme editor

Theme customizations

Graphic Backgrounds

Granite Backgrounds