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Income inequality refers to how income is distributed unevenly in a population, social class, or a society. In layman’s language, income inequality refers to the difference between the money grossed by the richest in an economy and the money earned...
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The coronavirus pandemic outbreak has negatively impacted the economic performance of most nations around the world. Additionally, this is chiefly because the viral outbreak was an unexpected occurrence that forced governments to adopt urgent strategies focused on preserving their economic...
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Global economic integration is an arrangement whereby countries or nations agree to manage and direct their trade, fiscal, and monetary policies so as to benefit symbiotically (Lloyd, 2010). There are various degrees of economic integration like free trade. In global...
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The economic effects of Brexit in Euro region was the major topic of discussion when the economists declared that the Brexit will drastically bring down the per capita income in the region. Withdrawing members argued that when the contributions are...
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Climate change presents one of the most pressing challenges of the 21st century, with far- reaching implications for the global economy, environment, and society. This essay explores the economics of climate change mitigation, focusing on the economic costs and benefits...
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Hearing the vibrant country of Cambodia, one that might most remind us of its kaleidoscopic culture and heritage is the Angkor Wat. The latter is one of the most famous temple in the site for its awe- inspiring structure, also...
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Economic growth can only be sustained if it is supported by a well-educated workforce. As various theories of economic growth say, human capital is an important factor in economic development. Education, health care, training, immigration, and other expenditures that increase...
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A vast variety of aspects of civilisation and our everyday lives have been strongly affected by economics since its inception. and heterodox and Orthodox economics, despite the fact that there are numerous different schools of economics, are unique in their...
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