[b]please check my essay that was prepared for the proficiency exam in an university.And can you give me an detailed information about my essay BECAUSE THİS İS A MİLESTONE FOR ME. thanks..
All we know that Turkey is passing through a very critical period, stemming from the forthcoming election, which was characterized by political conflicts. It is obvious that this political uncertaintymay result in such appaling outcomes as fluctuations in economyi distrust amon entrepreneurs, and foreign currency rises.
First of all, the most important and main resultof the political uncertainty is fluctuations in economy.This is because, the government may not be able to make productive economic decisions , and so the public may have less faith in economy than past. Therefore, the feeling of economic unsecurity among the public may lead to economic recession. Consequently, the country's economy can come to a deadlock due to the chain of these negative events caused from the political conflict.
Secondly, the another outcome of the political uncetainty is that foreign and native entrepreneurs can have a distrust of the country's economy. As is understood from that countries are developed by thanks to entrepreneurs which invest in such important sectors for the public as health, building, education, and also construct factories in countries, they are driving force of the economy. For this reason, even a little distrust among them may adversely affcect the employment, public investments, and the whole economy of the country.Additionally because they
always prefer a stable economy, with less policy uncertainty ,political instability can extremely lessen the expected investments from them.
Thirdly, the another outcome of the political uncertainty is foreign currency rises. It is highly believed that political stability is the first key factor which impacts currencies. For example, if a country is in the midst of civil war, then its currency become devalued, due to a large supply with no global demand. Hence, investors will exchange its currencies for a ''safe haven'' currency, such as the United States dollar, which is well-protected from political turmoil, because its currency may become worthless in the near future. In this case, strong demand and a limited supply will increase the value of the dollar, which is the most well-known foreign currency.
Taking everything into consideration, it is clear that a political instabiliy or uncertainty will be able to bring about some dreadful consequences in economy. The best course of action would be to keep away from wrong behaviours that are able to ignite political conflicts in country.
ceyhun uzun....
