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Tuesday, 12 July 2016

Developing country and free economy

FARZANA SHARMIN



Developing and underdeveloping  countries are facing different type economical problem from decades after decades . some developing and under developed countries have successfully  remove their economical  crisis but most of the underdeveloping countries  cannot able  make their condition better .Moreover these type of countries have  been suffering the  economical crisis the crisis of free market economy. 

Free market economy have some positive and some negetive sides. Specially when cheapest and international quality   standard goods are entered into the developing and under developing  countries
 the local manufacturers try their best for making improvement the quality of goods.As a result the standard of goods of developing and under developing countries have been being improving day  by day for competency deeds.


 On the other hand many local manufacturer face the existance problem.These local industries cannot survive more time participating fight with developing countries , the place of  battle ground free market economy.   Many emerging mills and factories of child industries which remain  in developing countries are going to be shut down  for ever. Many poor labourer lost their jobs  . At most the G.D.P growth  condition of developing countries and  underdeveloping are becoming worst to worst day by day.


At present world the economy  of  each  country depends on another country.Not any country can survive well without the financial help of other countries. 


So we should try  to utilize the  free market economy  for  positive changes of developing and underdeveloping countries.

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