Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are harmful economic systems?

0
10 Posted

What are harmful economic systems?

0
10

For many governments, the government/people in the government, in spite of lip service to the contrary, are not principally engaged in helping the people of the country, but rather in helping themselves. This has had and continues to have a disastrous effect on development and the incomes of poor people. The final section of this article discusses this more fully. This article exists to provide an analytical framework to understand the situation and events in many countries, which, considered separately, may be confusing. The basic idea and activity in productive societies is helping to produce goods–things that are useful to someone–food, light bulbs, cars and then exchanging the income received for goods that are desirable to you. This fundamental economic mechanism exists in harmful economic societies as well. Unfortunately, also existing, and why we describe these societies as harmful, a certain strata usually the top–also exists to obtain goods through means which may be descri

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123