Capitalist and Socialist Economy:

Economies can be divided into two types as mentioned hereunder: Formal economies. Informal economies. Formal Economies: Formal economies, there are rules and regulations and all the activities are supposedly undertaken systematically. Informal Economies: In this type of economies, no rules and regulations are prescribed and all the activities are undertaken without […]

FOREX MARKET AND ECONOMY:

The forex market has a very important role to play in the current situation of economies all around the world. It allows countries to sell and buy currencies through trade with certain exchange rates set by the market. Forex market also determines the value of currency either it is depreciating or […]

5 TIPS FOR ENTREPRENEURS:

Entrepreneurship has become the most dominant opportunity in the present world. Economies are rising because of the introduction of innovations and technologies all around the world. Most prospering nations are seeking to improve the ways of earning and contributing to the economy in innovative ways. As the modern world is demanding […]

ROLE OF POLICY MAKING IN ECONOMY:

Economies work through a process of step-by-step procedures where everything in the society is interlinked. Different factors work together to make the economy operate in a stabilized way. Just like the output of the economy is important for a country, it is also important how the production of goods and services […]

WAYS OF MONEY LAUNDERING:

The process by which criminals make a large amount of money through several evil activities like drug trafficking and terrorist funding is called money laundering. Later, the money earned by unethical means appears as legal money in the economy. The process of money laundering is done through several stages. There are […]