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Corrupted economies are not able to function properly because corruption prevents the natural laws of the economy from functioning freely. As a result, corruption in a nation's political and economic operations causes its entire society to suffer.
Furthermore, most evidence of the possible economic benefits of corruption comes from global instances of poor governance. Scholars have found that corruption has no significant effect on economic growth in democracies, but inflicts significant economic harm in non-democracies
Not only does corruption affect economic development in terms of economic efficiency and growth, it also affects equitable distribution of resources across the population, increasing income inequalities, undermining the effectiveness of social welfare programmes and ultimately resulting in lower levels of human
Answer:
<h3>The Statue of Liberty stands in Upper New York Bay, a universal symbol of freedom. Originally conceived as an emblem of the friendship between the people of France and the U.S. and a sign of their mutual desire for liberty, over the years the Statue has become much more. ... It represents the United States itself.</h3>