Explain the different forms of corruption

What will be an ideal response?

Corrupt activities take a variety of forms and can be generally categorized in a number of different ways. These range from the stereotypical bribing of a public official to highly complex, organized corruption that takes place on a large scale. Shah and Schacter segregate corruption into three broad forms: bureaucratic corruption, grand corruption, and influence peddling. Bureaucratic corruption consists of isolated transactions executed by individual public officials that abuse their office. These transactions might include the demand for bribes and kickbacks, diversion or embezzlement of public funds, or the granting of favors in exchange for personal consideration. Grand corruption involves the misappropriation or misuse of large amounts of public resources by state officials who are often members of the political or administrative elite. Influence peddling or state capture involves collusion between members of the private sector and public officials to gain mutual benefit. This form of corruption is also known as state capture because members of the private sector effectively capture the state, legislative, executive, or judicial apparatus for their own purpose.