Presentation On:

INTRODUCTIONS TO BANGLADESH ECONOMY

Presented To: Presented By:

Prashanta Kumar Shill Jannatul Hosna
Id: JRN 024 05338
Lecturer, Batch: 24th – Day
Dept. of Journalism & Media Studies Program: B.S.S. In JRN
 Contents:
• Introduction.
• Economic Activities.
• The economic activities of the people of Bangladesh.
• Types Of Economic System.
• Underdeveloped, developing and developed Economies.
• Is Bangladesh an underdeveloped or developing country?
• Vicious circle of poverty.
• Economic problem of Bangladesh.
• Solution of economic problems of Bangladesh.
• Conclusion.
 Introduction:
• The Economy of Bangladesh is characterised as a developing market
economy. It is the 33rd largest in the world in nominal terms. It is classified
among the Next Eleven emerging market middle income economies and a
frontier market. In the first quarter of 2019, Bangladesh's was the world's
seventh fastest-growing economy with a rate of 8.3% real GDP annual
growth. Dhaka and Chittagong are the principal financial centres of the
country, being home to the Dhaka Stock Exchange and the Chittagong Stock
Exchange. Bangladesh is one of the fastest growing economies in the world
as well as the fastest growing economy in South Asia.
 Economic Activities:
The economic activities of human beings are mainly of two types-
1. Activities related to earning money and
2. Activities related to spending money.
The Economic activities of the people of
Bangladesh:
• Agriculture.
• Business and trade.
• Service.
• Work in small and cottage industries.
• Fish cultivation and catching fishes.
• Driving vehicles.
• Rearing animals and birds .
 Types Of Economic System:
The economic rules and regulations and the environmental factors by which
overall economic activities of a country are conducted is called the economic
system.
Different types of economic systems prevail in different countries of the world,
such as:
1. Capitalistic economic system,
2. Socialistic economic system,
3. Mixed economic system.
Underdeveloped, Developing & Developed
Economies:
The countries of the world are classified into three groups on the basis of the
level and stage of economic development such as:
A. Underdeveloped countries,
B. Developing countries and
C. Developed countries.
 Is Bangladesh an Underdeveloped or
Developing country?
• Bangladesh is an agriculture country of South Asia. Here so many economic
problems like less per capita income, low standard of living, underdeveloped
agriculture and industry; high population growth, wide unemployment, food
deficit and malnutrition, shortage of savings, underdeveloped transport and
communication system etc are exist. Besides, the rate of education is less in this
country; health, housing and other basic facilities are inadequate. Political
instability and social indiscipline are prevalent. In the light of all these factors;
Bangladesh may be considered as an underdeveloped country..
 Vicious circle of poverty:
• The main obstacle towards economic development faced by both undeveloped
and developed countries is poverty.
 Economic problem of Bangladesh:
Bangladesh has some problems which creates obstacles to the path of economic
development. These problems are given below-
1) Undeveloped Agriculture,
2) Undeveloped Industry,
3) Less Per Capita Income,
4) Low Standard of Living,
5) Inadequacy of Capital,
6) Rapid Population Growth,
7) Unemployment Problem,
8) Food Deficit,
9) Lack of Education,
10) Deficit in Foreign Trade,
11) Over Dependence on Foreign Aid &
12) Underdeveloped Socio-economic Infrastructure.
 Solution of economic problems of
Bangladesh:
Solution of economic problem is must in Bangladesh for the sake of economic development
of the country. Adoption of the following steps is necessary for this purpose:
1) Agricultural Development,
2) Rapid Industrialization ,
3) Capital Increase,
4) Full Utilization of Natural Resources,
5) Population Control,
6) Spread of Education,
7) Improvement of Technical Knowledge,
8) Solution of Unemployment Problem,
9) Development of Economic Infrastructure,
10) Proper Utilization of Foreign Aid ,
11) Sound Planning,
12) Poverty Alleviation Programs,
13) Equitable Distribution of National Income,
14) Improvement of Social Environment &
15) Sound Administrative Arrangements.
 Conclusion:
The best way of solving economic problems of our country is uninterrupted
economic development. For this purpose, planned development programs
should be undertaken in a planned manner.
Thank You