BLACK MARKET AND POVERTY

BLACK MARKET

A black market is named as the shadow market of the economy. The black market runs different illegal activities to earn money. These informal activities are mostly criminal activities involving violation of basic human rights. BLACK MARKET The black market has been damaging the economy in many ways and it will […]

WHAT IS MONETARY POLICY?

MONETARY POLICY

Monetary policy is composed of the certain mechanism of bringing changes to the money supply by the act of drafting, announcing, and implementing the decisions taken by the central bank, currency board, or other authorities involved. These institutions also have the authority to control the channels through which the money enters the […]

Financial Sector – ROLE OF FINANCIAL SECTOR IN ECONOMY

FINANCIAL SECTOR

The financial sector is an important field of the economy that includes firms and institutions that provide financial services to commercial and retail customers. This sector is composed of a vast range of industries. Institutions like banks, investment companies, insurance companies, and real estate firms come under the umbrella of the […]

HOW BITCOIN WORKS?

how bitcoin works

Don’t fool yourself by believing that bitcoin is the currency that you normally have in your pocket. Bitcoin is a wholly digital system composed of a set of protocols and processes. It is known as the most successful one among plenty of attempts people did to develop virtual currency by using […]

WHY CENTRAL BANKS INCREASE MONEY SUPPLY?

CENTRAL BANKS INCREASE MONEY SUPPLY

Central banks use several ways through which they can influence the money supply. Changes in money supplies are backed by different economic reasons and central banks, by following monetary policies, increase or decrease the money printing. Majorly, increase in money supply is regarded as an alarming situation for the economic condition. […]