Respuesta :

Answer:

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 programs, and ultimately resulting in lower levels of human.

Explanation:

OlanmaE

Fraud can have a very negative impact on the economic growth and development of a country because of the following reasons:

Fraud affects equal distribution of resources across the citizens of the country. It causes an uneven growth thereby subjecting some to poverty while increasing the pockets of others. This in turn affects the economy and development of a country.

What is Fraud?

Fraud is the process of stealing or taking what does not belong to an individual. This can be in form of embezzling public funds or bullying and snatching from individuals what rightfully belongs to them.

Fraud is corruption and is punishable by the law. Fraud should never be encouraged because it affects the development of a state or community and renders some individuals useless.

Learn more about Fraud here:

https://brainly.com/question/23294592

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