USA HISTORY

Detailed explanation-1: -Political corruption occurs when an office-holder or other governmental employee acts with an official capacity for personal gain. Corruption is most common in kleptocracies, oligarchies, narco-states, and mafia states.

Detailed explanation-2: -It can be any conduct by a public sector employee which is unlawful or fails to meet the ethical or professional standards required in the performance of duties or the exercise of powers entrusted to them. Examples of misconduct in public office might include: misuse of power to harm, oppress or disadvantage a person.

Detailed explanation-3: -The most common types or categories of corruption are supply versus demand corruption, grand versus petty corruption, conventional versus unconventional corruption and public versus private corruption.

Detailed explanation-4: -Public corruption involves a public official (whether domestic or foreign) as one party to the corrupt act, whereas private corruption involves only individuals in the private sector (which is why it is sometimes called “private-to-private corruption”).

Detailed explanation-5: -Types of Corruption The catalogue of corruption acts is vast and includes extortion, bribery, fraud, influence peddling, nepotism, embezzlement and favoritism.