Bribe taking is ana)economic activityb)marketing activityc)non-economi...
Bribery is made to escape legal convictions or unfavorable decisions and are also provided as an incentive for the payee to forge or overlook regulations that will otherwise restrict the payer for his needs. This act of bribery does not favor the country's economy.
Bribe taking is ana)economic activityb)marketing activityc)non-economi...
Bribe taking is a non-economic activity. Here's why:
Definition of bribe taking:
Bribe taking refers to the act of accepting illegal or unethical payments, gifts, or favors in exchange for providing special treatment, favors, or benefits to someone.
Non-economic activity:
Non-economic activities are those that do not involve the production, distribution, or consumption of goods and services. These activities are typically motivated by personal or social reasons rather than economic gain.
Explanation:
1. Not an economic activity: Bribe taking does not contribute to the production, distribution, or consumption of goods and services. It is an illicit and unethical practice that undermines the principles of a fair and transparent economy.
2. Personal gain: Individuals who engage in bribe taking are motivated by personal gain rather than economic activities for the benefit of society.
3. Illegal and unethical: Bribe taking involves the exchange of money or favors for illegal or unethical purposes. It goes against the principles of fairness, honesty, and integrity.
4. Negative impact on the economy: Bribery and corruption have detrimental effects on the economy. It distorts market competition, hampers economic growth, and undermines public trust in institutions.
5. Legal consequences: Bribe taking is a criminal offense in most jurisdictions. It is punishable by law and can result in fines, imprisonment, or both.
6. Social and moral implications: Bribe taking is not only an economic issue but also a social and moral problem. It erodes trust in public institutions, promotes inequality, and perpetuates a culture of corruption.
7. Efforts to combat bribery: Governments, international organizations, and civil society actively work to combat bribery and corruption through legal frameworks, awareness campaigns, and enforcement mechanisms.
Conclusion:
Bribe taking is a non-economic activity because it does not contribute to economic growth, production, distribution, or consumption. It is an illegal and unethical practice with significant social, moral, and economic implications. Efforts to combat bribery are crucial to fostering transparency, accountability, and fair economic systems.