WHAT DOES A BLACK MARKET provide?

black market money

A black market is just like a normal market where you buy and sell goods and services. The only difference is in a black market buying and selling is done illegally. Basically, the aim of a black market is to provide people with goods which are not available in the legal […]

WHO FAVORS A BLACK MARKET?

It is obvious that an illegal market can only damage the economy and society. Shady marketing means it will deal with all sort of evil activities to weaken the economic and social condition of a country. It is surprising that there are people who are in favour of the black market. […]

ADVANTAGES OF MARKET ECONOMY

market economy

The market economy is a type of economic system in which economic decisions and prices are determined by market forces rather than by a centralized institution like state. The market forces here refers to the collective influence of all the decisions that are taken by individual participants; both buyers and sellers, […]

WHY REMITTANCES ARE IMPORTANT FOR PAKISTAN?

pakistan remittances

No doubt, today Pakistan’s economy is facing many problems regarding its economy. Poverty and inflation rates are showing a dark future for Pakistan. But hope is still there because of a resource like remittances. Pakistan is receiving about $2 billion remittance funds every month and reports are showing further improvements in […]

ECONOMIC BENEFITS OF REMITTANCES

ECONOMIC BENEFITS

Remittances are the funds which are sent by people working outside their home country to their families. These funds have a huge impact on the economic growth of a country. Countries with an ongoing struggle for economic development receive the greatest amount of remittances. Remittances are important for economic growth. It […]