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Name: Hajra Talat
Roll #: 11090920-037
Name: Iqra Bashir
Roll #: 11090920-024
Socio-Economic problems
Study of
relationship between
economic activity and
social life
A problem-free society, desire of every individual
Defining social and economic problems
Why they are a menace (danger)?
Social Economic
problems are divided
into two main parts.
Social problems
Economical Problems
Poverty Illiteracy Corruption Unemployment Child Labour Health Problem
Power crises War on terrorism Declining export Tumbling stock-market Lack of tourism Loss in business
Poverty
Sacracy of lack of basic necessities.
A large chunk of population lives below poverty line.
They live in miserable conditions.
Poverty itself gives rise to various other social problems.
Inability to read and write is called illiteracy.
Lack of resources.
High cost of education.
Lack of institutions and acess
Corruption is the prime reason behind the economical unstableness.
Corruption has spread into the world and has ruined the economy.
Pakistan has been ranked at 42nd number among the most corrupt nations of the world.
AB
MAIN
KAHAN
JAON??
Unemployment is a major social problem caused by poor economical system.
Lack of funds followed by unorganized system and lack of new projects are causing unemployment worldwide.
There are many reasons of
unemployment like influx of
machinery that has replaced
manpower.
Health is another social problem caused by poor economical conditions.
The cost of living is ever increasing and shortage of funds is a usual problem worldwide.
There are less hospitals and medical centers and if there are any, the people are unable to afford their and their children health expenses So the health problems grow unchecked.
Child Labour
Children who deserve to be educated are forced to do work.
The circulation of money is restrained to rich people only causing the poor to become more poor.
In past, some countries refused to import those goods from Pakistan in whose making children were employed.
Due to growing inflation (rise) and poverty, parents are bound to send their children to work to light their stoves.
Power crises are affecting the economy of the world very badly.
The power crisis is followed by decline in production and at the end the economy of the countries is affected badly.
We are running short of fuel worldwide.All the countries are effected by power crises.
War against terrorism is another very important reason behind the economical problem.
War is affecting the world’s economy and is causing problems like shortage of fuel, lack of funds, increase in health problem etc.
War benefits none, someone is hurt badly and someone is destroyed completely.
Lack of power followed by decline in production is the main cause of declining export which is a major economical problem worldwide.
In Pakistan, core inflation soared to 18.85% in first quarter of year 2009
The production cannot even fulfill the demands and hue to decline in export and lack of trouble, the world economy is suffering great problems.
The stock-market is suffering a decline worldwide.
Lack of investment and poor economical condition of the people and government is another cause of decline in stock-market worldwide.
In 2009, many times Karachi Stock Exchange has plunged to its lowest point in the history of Pakistan.
Lack of tourism is also a cause of the declining in economy.
Local as well as foreign media has projected Pakistan as a dangerous and unsafe country.
Its poor law and order situation has alarmed the tourist and thus Northern areas no more receive many tourists.
The poor economical system affects the business very badly.
Foreign investors are not ready to setup their businesses in Pakistan.
More than 70 Multinational Companies have already packed up their business from Pakistan.
Government as well as every single citizen has to
play its own specific role to bring about a positive
change.