counterfeit community
A counterfeit community is a community that has been interrupted. The interruption may either be in the form of corruption or any other kind of community miss-conduct. Different risks are associated with living in a counterfeit community. One of them is that there is a high rate of crime. The security in these communities is on stake. Following the research performed in 2009, BASCAP reported that there was an increase in the price of crime due to counterfeit. Another danger is that health statuses are on stake. This is because, in such communities, health services are below standard following the fact that the government has no control over the assistance given to its people.
Additionally, the community lags in infrastructure. This is because the money that could be used in development is directed to develop other communities or is misused by those who are responsible for it. Moreover, the city there is little or no innovation within the community. This is because all the individuals within the community work only to benefit themselves. Unlike in other areas, these communities lack teamwork. This discourages any effort that could be promoting unity among members. The other problem in society is that there is little or no growth in businesses.
Community capital framework is the approach of defining communities and the effort of community development from a system point of view. Seven different capitals are associated with the development of the city. Considering my community, the money that would be most affected by the current global pandemic is financial capital. This is a capital that allows society to develop wealth-generating entrepreneurship for future use. They also include the critical financial resources that a community has.
Furthermore, they support civil and social business growth. Considering the current world situation, this has been dramatically affected. This is because most of the businesses are being closed down following the outbreak of Corvid-19. This disease has affected the global market in that most countries have been locked-down, thus limiting exchanges of different communities. Furthermore, a lot of resources are used to fight for the disease. This narrows the profit experienced by various companies. In some other countries, most employees have lost their jobs, thus leading to lowering their living standards.
Similarly, most people have lost their lives from the disease. This has led to the loss of skilled human resources, which could be used in industries as well as in organizational growth. Following the above discussion, financial capital is at enormous risk and will be profoundly affected by the current pandemic in the world.