This document discusses the causes and effects of corruption. It identifies reasons for corruption like lack of funds in government leading to money influencing politics, educational crisis from lack of quality education or budgets, and greed for money and power. Effects include economic losses that raise inflation and unemployment, injustice and political instability, and vote buying during elections. Money laundering is also discussed as a way to disguise illegally obtained money that harms taxpayers. In conclusion, the key issues surrounding corruption that were identified include its reasons, impacts, and implications.
This document discusses the causes and effects of corruption. It identifies reasons for corruption like lack of funds in government leading to money influencing politics, educational crisis from lack of quality education or budgets, and greed for money and power. Effects include economic losses that raise inflation and unemployment, injustice and political instability, and vote buying during elections. Money laundering is also discussed as a way to disguise illegally obtained money that harms taxpayers. In conclusion, the key issues surrounding corruption that were identified include its reasons, impacts, and implications.
This document discusses the causes and effects of corruption. It identifies reasons for corruption like lack of funds in government leading to money influencing politics, educational crisis from lack of quality education or budgets, and greed for money and power. Effects include economic losses that raise inflation and unemployment, injustice and political instability, and vote buying during elections. Money laundering is also discussed as a way to disguise illegally obtained money that harms taxpayers. In conclusion, the key issues surrounding corruption that were identified include its reasons, impacts, and implications.
● Effects of corruption ● What does it mean for us? POLITICAL MAP INJUSTICE & INSTABILITY IN POLITICS LACK OF FUNDS
● Lack of funds may become the gravest problem in the
government. ● Money has a huge influence in politics. EDUCATIONAL CRISIS EDUCATIONAL CRISIS
● A World Bank report said learning poverty was already at
90.9 percent in the Philippines pre-pandemic. ● Educational Crisis could lead to many educational losses. ● Educational Crisis may be a result of lack of quality education or lack of budget for quality education. ECONOMIC LOSS ECONOMIC LOSSES
● Reduced trust in economy
● Economic Losses may increases Inflation Rate which may lead to high prices in the market. ● It may also lead to unemployment rate rising and people may be unable to afford health care due to low income. GREED FOR MONEY & POWER VOTE BUYING VOTE BUYING
● Vote buying has been rampant during election period in the
Philippines. ● If these people really voted for them, they will have power and influence. MONEY LAUNDERING MONEY LAUNDERING
● Money laundering is the processing of these criminal
proceeds to disguise their illegal origin. ● Money laundering diminishes government tax revenue and therefore indirectly harms honest taxpayers. CONCLUSION & KEYTAKEAWAY S THANK YOU! We’re now open for clarification and questions.