Economic woes of Pakistan
Economy is the engine of a country.Basically it's a network of producers,distributors and consumer of goods and services on regional or national level. But the question that comes to the mind of a common man is how economic system developes?what are the factors contributing it's growth. What are the challenges that an economy confronts? In simple words I can say that it is society which delvelopes economic system with its legal and political structure. We have maket based economy in Pakistan and forces of supply and demand determine which products and services need to be produced and set price as well. A suitable administrative system is crucial for its working. Political stability brings foreign direct Investment and creates job. A strong tax system contribute a lot. In a nutshell natural resource,human resource (skilled and trained) technological advancements, political and social system foster the growth and output of an economy. However,P akistan economy is faci...