HOW TAXATION CAN IMPROVE ECONOMY?

HOW TAXATION CAN IMPROVE ECONOMY

Taxation policy is used by almost every in this world today because it is important. Through taxes, governments generate revenues which help to improve the standard of living of people. LOWER TAXES: Taxes can affect both supply and demand factors of the economy. The state can also provide incentives by reducing […]

Where can we find the black market?

black market

Black markets aren’t chains of stores like the Walmart or a trading site like the Amazon and eBay. The most suitable definition for the black markets is that it is just a term used to refer to unregulated trading between two people. However, currently, the highest network of black markets is […]

IMPORTANCE OF EQUAL ECONOMIC DEVELOPMENT:

One of the great challenges faced by the economic world today is uneven development. By Uneven development it means rich is getting richer and poor is getting poorer day by day.  Where are we missing? The reasons could be plenty. It is a known fact that people holding great companies in […]

IMPORTANCE OF MONETARY POLICY:

the mechanism of drafting, announcing, and implementing the plan of actions taken by the Central Banks, currency organizations, or other monetary authority of a country that controls the quantity of money in an economy and the channels by which new money is supplied is known as monetary policy. The management of money supply […]

What is the black market?

A black market is considered a type of economic activity taking place outside the sanctioned channels of the government. The transactions of the black market usually occur “under the table” to allow participants to avoid price controls or taxes of the government. The black markers are also known to be the […]

HOW TAXATION WORKS FOR THE ECONOMY?

Taxation is a mechanism through which a state collects revenue for its expenditure from the people of the country. Taxation is not only applied to people but a state can also collect taxes in the process of trade as well. The state applies tariffs of the imports coming into the economy. […]

The advantages of trading through Forex trading.

Forex has been emerging as a very popular trading platform, especially for the people belonging to financial backgrounds. What motivates young graduates and experienced professionals to choose this as a career is the motivation given by the fact that you can be your own boss and make money through your phone […]

IMPLEMENTATION OF MONETARY POLICY:

Besides the importance of shaping monetary policy, implementation is also crucial. For developing countries especially, these monetary policies are important and it is also important to implement them during suitable times of economic activity. Open market operations are one way through which the monetary institutions buy and sell short term bonds […]