Presentation

Defination

Field of study that examines social and economic factors

Introduction

A problem-free society, desire of every individual

Defining social and economic problems

Why they are a menace (danger)?

Little human infant grows up to be an adult ready to face the challenges of the world.

In no time, he realizes that this world abound with countless problems- social, economic

Socio-economic problems are divided into 2 parts Social Problems

Economical Problems

Social ProblemsA social problem is a social condition (such as poverty)A social problem exists when people subjectively perceive and have empirical evidence to show that social conditions combine at a local, societal, or global level to cause personal problems

Economical ProblemsThe problem of choice which arises because of scarcity of resourcesHuman wants are unlimited but means to satisfy them are limited

Economical ProblemsAn economy has to choose between the following:

(i) Which goods should be produced and in what quantity? (ii) What technique should be adopted for production? (iii) For whom goods should be produced?

Social ProblemsPovertyIlliteracyCorruptionUnemploymentChild LabourHealth Problem

Economical ProblemsPower crises War on terrorismDeclining exportTumbling stock-marketLack of tourismLoss in business

PovertyWhat is Poverty?

Poverty

lack of basic necessities is called Poverty.

A large chunk of population lives below poverty line.

They live in miserable conditions.

Poverty itself gives rise to various other social problems.

IlliteracyInability to read and write is called illiteracy.

Illiteracy Rate in Pakistan

Health Problem

Health ProblemHealth 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 LabourThe 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.

Unemployment

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Unemployment

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.

Corruption

Corruption

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 33nd number among the most corrupt nations of the world.

Power Crises

Power Crises Power crises are affecting the economy of the Pakistan 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. Most of the countries are affected by the power crises.

War on Terrorism

War on TerrorismWar against terrorism is another very important reason behind the economical problem.

War is affecting the Pakistan 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.

Declining export

Declining exportLack 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 8.5% in first quarter of year 2014

The production cannot even fulfill the demands and hue to decline in export and lack of trouble, the world economy is suffering great problems.

Tumbling Stock market

Tumbling Stock market

The stock-market is suffering a decline in Pakistan.

Lack of investment and poor economical condition of the people and government is another cause of decline in stock-market.

In 2010 & 2012, many times Karachi Stock Exchange has plunged to its lowest point in the history of Pakistan.

Lack of tourism

Lack of tourismLack 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.

Loss in Business

Loss in BusinessThe poor economical system affects the business very badly.

Foreign investors are not ready to setup their businesses in Pakistan.

. More than 30 Multinational Companies have already packed up their business from Pakistan.

Thank You

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