- TERRORISM CREATES FEAR IN THE MINDS OF PEOPLE AND THIS WILL DISRUPT TRADE, COMMERCE AND INDUSTRY
- TERRORISM AFFECTS FOREIGN TRADE AND ADVERSELY AFFECTS MOVEMENT OF GOODS AND SERVICES BETWEEN COUNTRIES AND SPECIALLY AFFECTS TOURISM INDUSTRY.
- CORRUPTION CREATES ECONOMIC INEQUALITY AND IN TURN AFFECTS SOCIAL AND POLITICAL JUSTICE AND THEY WILL LEAD TO POVERTY, UNEMPLOYMENT, EXPLOITATION, CRIMES, AND SOCIAL UNREST.
- HOARDING IS A TYPE OF UNFAIR TRADE PRACTICE ADOPTED BY BUSINESS CLASS TO EXPLOIT CONSUMERS.
- HOARDING AND BLACK MARKETING LEADS TO CONCENTRATION OF ECONOMIC POWER IN THE HANDS OF FEW WHO TRY TO DOMINATE AND INFLUENCE THE ECONOMIC ACTIVITIES OF THE NATION IN FAVOUR OF THEM
- AVAILABILITY OF CHEMICAL FERTILIZERS AT CHEAP SUBSIDISED RATES HAS LED TO THEIR EXCESSIVE USE, DAMAGING THE FERTILITY OF SOIL.
- ENVIRONMENTAL DETERIORATION HAS LED TO GLOBAL WARMING AND ECOLOGICAL BALANCE WHICH LEADS TO NATURAL CALAMITIES.
- ENVIRONMENTAL HAZARDS AFFECTS PHYSICAL AND MENTAL GROWTH OF THE PEOPLE . EG BHOPAL GAS TRAGEDY.
- ALL THESE CHALLENGES CREATE DETERIORATION OF HUMAN VALUES WHICH HAMPERS THE PROCESS OF ECONOMIC DEVELOPMENT.