Market Failing: Food Adulteration in Bangladesh Essay

Market Failure

* Adulteration in Food Sector

Submitted to:

Mr. Sheikh Morshed Jahan

Associate Mentor

Course Teacher - Bangladesh Studies

Published by:

Samia Khan (RQ 16)

Adel Mostaque Ahmed (ZR 22)

Ahnaf Zabee (ZR 35)

Rituraj Baidya (ZR 56)

Institute of Business Operations

University of Dhaka

The spring 9, 2012

Table of Contents

Market failure3

Foodstuff adulteration in Bangladesh3

Delicious looks: four

Endurance: four

Examples of foodstuff adulteration5

The consequences: 6

The awareness issue: 6


The Solution8


Market failure

Marketplace failure can be described as concept within just economic theory describing if the allocation of products and services by a free market is certainly not efficient. That is certainly, there exists one other conceivable final result where a marketplace participant might be made best without making someone else worse-off. Market failures can be viewed as cases where individuals' pursuit of real self-interest contributes to results that are not efficient – that can be increased from the social point-of-view. Food adulteration in Bangladesh

Foodstuff adulteration is the process of adding chemical substances with foods, which should not be contained inside food and beverages. Chemical substances or simply adulterants may be included with substances to lower manufacturing costs, or for a few deceptive or perhaps malicious goal. When earnings in business is more important than morality, then it is possible to incorporate the poisoning contents for the foods and beverages. A restricted number of people might die with no foods but a large human population has been affected by complicated disorders related to food adulteration, which may be even lead to death in future. Adulterated food consuming may be the waiting for loss of life, which is a even worse punishment than death. Food adulteration has become a major problem in Bangladesh. Fresh vegetables, fish, dairy, fruit, and sweetmeats absolutely nothing is safe, and it is being sold in the market profusely. Nevertheless , the adulteration that affects the consumers directly originates from restaurants. The restaurants are using toxic chemicals just like formalin and textile color stuffs in preserving foods, which play havoc in overall health system. A lot of the country's populace, especially ladies and children could be the worst patient if the specialists fail to stop food adulteration. The number of people afflicted by cancers and other serious diseases due to taking of adulterated food has of late gone up to such an scary level that some people include even stopped buying many essential nutritious foods and vegetables besides some basic foodstuff grains, pertaining to mere endurance, that they assume are not adulterated. Mouthwatering looks:

There is a particular demand for clean good-looking foods among customers and they are willing to pay extra exclusively for the look. Nevertheless , we need to be mindful because, Client Association of Bangladesh (CAB) confirmed that wholesalers make use of several systems to make foods attractive. In their study, it came out that in most cases the spices will be mixed with brick dust, cumin is mixed with sawdust, and sugar viscous syrup is added with honies to enhance the sweetness. Deceitful traders use a host of ingredients just like animal body fat, palm oil, potato mash and vegetable oil to produce fake rechausser oil. Within study, the Food and Nutrition Institution, University of Dhaka6 have identified alarming standard of deadly bacteria like E-coli, Salmonella and Shigella bacterias in most with the restaurant meals and streets food inside the city. Various street foodstuff vendors and restaurants recycle for cash burnt cooking food oil to get frying food items. Once the essential oil is used pertaining to cooking, it becomes oxidized as well as further work with generates peroxide, which is incredibly harmful to restore and maintain the major organs of the human body. Endurance:

It is a challenge to keep fresh makes, meats and fish for an extended period in Bangladesh. Most of the traders do not have freezing vans or perhaps climate control storage service to ensure the quality of the food. However , a large number of traders came across unusual suggestions...

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