A well educated country with sizeable population would have a high purchasing power consequently the economy of that country would improve, China with their huge population had well utilized it, they have a large strength of military personnel which is a very big advantage, in technology many of their youths are trained to build and assembled electronic, electrical gadgets and other equipment and so on, though the country has put on policy to control their population yet the existing policies is developing the country, however countries where there is overpopulation especially in some African countries unfortunately hadn't utilize that opportunity due to high level of corruption by their rulers.
Sizeable population doesn't mean higher purchasing power for example India is the most populous country in the world and despite that Japan, with just Eight percent of that population of India is having a higher purchasing power. It depends on a lot of things other than population such as education, skillset and market condition. In some cases having a larger population can be a disadvantage. This can be true if the population is mostly uneducated and dependent on government subsidies and freebies also if the population is divided based on caste and quantity, because the government has given priority to those group, which has a larger quantity and there the priority may not be for economic development |
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Right now most of the countries are facing double digit inflation and with crude oil prices moving upward and nearing hundred dollars per barrel, we can expect inflation to go up even further also after covid most of the countries printed huge numbers of bank notes without any limit this also increased the inflation. Given this scenario I don't think that deflation is possible anytime soon. Nowadays people have lot of cash and there is a scarcity of different commodities in order for deflation to happen it should be the opposite scenario- less cash in hand and over supply of commodities.
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Doing everything in limit is worth it if you cross the limit then it will not give you much benefit in anything, same way if you are only saving after sacrificing so many things from your life just like you are not having fun, not fulfilling your small wish which brings you joy and happiness. Never forget your presence to make your future because when you are healthy and wealthy physically and mentally then only your future will become brighter with your hardwork and present savings. Yes, saving habits gives you a better life. You can buy a house, accumulate funds for your retirement, or you can run your family in better condition etc but never forget your present.
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Both oil and agriculture are essential to a strong economy and both are equally important but if we talk about more economic growth then oil plays a vital role. Oil is the largest source of the country's total energy supply. No matter what is going on throughout the world but oil is always on demand replacing oil is almost impossible. Replacing oil is far away, for meanwhile there are no alternatives of oil. A country where, there are no any other income source but oil is there they are on the top most richest county for example we can see the example of United States, Saudi Arabia etc
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If there are several responsibilities then it's very hard to collect capital by earning by yourself after fulfilling your responsibilities towards your families and get capital by your savings. Yes it is not so easy to get capital to start your own business but somehow you manage to get it from your close friends, and families then may capital helps to generate more revenue and individuals can uplift your business on that level where they want. But if capital is not from your own savings then you must have to focus on your responsibilities with full focus to build your business successfully.
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Individuals must have multiple income sources, never depend upon bitcoin only. While spending on Bitcoin, never spend everything. ''Not spending everything'' is not only applicable for bitcoin but also in everywhere where you are planning to invest. And yes, one most prominent thing is that you learn to have patience once you invest in bitcoin. Once you learn to hold bitcoin for the long term it provides several advantages like Bitcoin serves as a secure store of value and provides financial stability in an increasingly digital world. One more thing holding Bitcoin long-term can serve as a hedge against inflation.
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Many women running their own businesses sucessfully. In my opinion women are the better entrepreneurs than men because for them success is not only about profits. scientifically Women are more emotional and intuitive then men.They believe that giving back to society and becoming social entrepreneurs That's why we should support and motivate upcoming generation mostly women and girls for entrepreneurship. There are one more benefit if we support them in entrepreneurship they care about the social impact of their enterprise which ia more beneficial for them as well as country's economy.  |
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People who don't have patience then I would like to say one thing to them that they need to stay away from crypto investment. You cannot become millionaire within month or year. You have to stay calm in market's ups and downs. Most of the traders thought that they will get very good return in short term without doing anything. A short term investment is really not worth in this field. Before invest in such things first of all you need to prepare mentally for lose as well. Make sure that you have you have enough financial resources, never depend upon crypto only.
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Here I can see many people are saying that time is free but in my opinion Time plays the most important role in every individual's life. Who don't understand the value of time on time that person surly gonna life long regret in future. This is my personal experience that when I was In my teen age, I left my collage I never tried to understand the value of time and I spend my golden time for earning money, enjoyment, hookup with friends, partying instead of studying and grab the golden opportunity to take degree from reputed institution and get good job. Now I comes to know that I can do all those enjoyment lifelong but studying hard and get degree is in time was prominent. I regret it later. Time is more precious than money, and the value of time is realized only in retrospect.
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When it comes to buying any product, I always check the quality of products first weather it is worth or not because buying cheap quality's product at high price. this is not intelligent. We have to purchase those things which we really want. If the product has quality then I don't have problem to spend handsome amount on particular product. People have different habits to spend, I have seen many people who earn very les but when it comes to spend they never think about their income but all people are not the same and those who become wealthy, some continue to maintain the same habits of watching every penny.
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Every thing has two sides pros and cons we have to balance both. Bitcoin Is Better Than Digital Gold or not it is totally depends upon your needs and patience. Bitcoin is a more volatile investment that may provide quick returns. Bitcoin is one of the strongest cryptocurrency and for that matter, it has helped so many people to get financial stability in
in their hard time meanwhile gold is stable with limited growth. In my opinion Understanding each investment's you need to decide by yourself because except you no one can understand your needs.
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Of course, war usually has a profound and lasting effect on any economy because it affects the overall economic stability of that country. Nothing will function well because of the impact the war has caused. war brings about inflation, trade disruption, currency devaluation, an increase in government spending, and lots of infrastructural and human damage, so many refugees and IDP camps to mention a few.
Oil plays a significant role in modern warfare due to its role in energy supply, logistics, and so on but there are other resources like information, food and water, mineral and material resources, economic and financial resources that also help in determining the outcome of a conflict.
Yes, you are absolutely right. If we see Russia Ukraine war then we can see its impact on global economy. Ukraine is the Europe's largest country by land area entirely in Europe and it plays a crucial role in global trade. Europe is called the bread basket of the Europe because it is highly fertile soil. Ukraine is the world's 5th largest exporter of the wheat, 4th largest exporter of corn and barley. It also top exporter of the seed oil but cause of this war world is facing problems as Russia faces sever internationals sanctions for its invasion and as a result shortage and higher prices in key sectors are likely to be felt all over the world. |
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When I was in bad conditions 5 years ago that time my so called relatives never said that we are also there family member they never gave us importance while in family functions. But when slowly we start becoming financially stable, we purchase our own house and my siblings get into job including me that time they start giving importance to us that's why I learn lesson that if you are poor then there will be no relations in material world with anyone else. So earn money, save it and invest it where you are able to get money from money and never keep hope with anyone except money. money only have power to gives you everything in life from respect in society to love. There will be uncountable so called true friends when your pocket is full.
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Since Africa is a country rich in natural resources with 40 percent of the world's gold and up to 90 percent of its chromium and platinum. The largest reserves of cobalt, diamonds, platinum and uranium in the world are in Africa. If Africans people are able to take advantage of this resources then they will be in better condition. African continent is blessed with minerals and natural resources that's why African governments should think about how to extract the natural resources. Then they don't have to depend upon other country and Africa can improve the welfare of its citizens.
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Yes, you are absolutely right. Excessive government borrowing can cause a high inflation to a nation because When government borrowing becomes especially large it can substantially reduce the financial capital available to private sector firms, as well as lead to trade imbalances and even financial crises. And yes we can see the situation of our neighbour country Pakistan struggling to overcome from this attitude of borrowing money but still they are unable to overcome from this.
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It's totally depend upon our needs and our interests where we are spending our money. Most of the time people use to spend money on stuff that actually they don't want. Last time what happen to my friend is we were roaming around shopping mall, casually he was checking watches but while going in his hand in carry bag there was an expensive watch which he don't have need in that time. This kind of habit never let you become rich. And yes one more thing people never become rich with one income source.
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in every country different rules that the government applies to women but for my own country there are none, so that between women and men have the same rights and there are no special rules, and the impact of the equal rights can be said 35% of macro businesses have been carried out by a woman and most women running micro-enterprises it is 40-45% higher, but basically in business and work men dominate because 70% of women in my country prefer to be housewives
this is my personal opinion by looking at the environment around me
Yes you are absolutely right, according to latest National Sample Survey Organization has declare that around 64% of urban women are engaged in domestic work compared to 60% in rural areas among women aged 15 and above. This is most productive age for every individual and in this productive time if country's half of the population choose to remain house wife then how county's economy can growth? |
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Despite having almost the same number of users, Twitter market cap is only around 1/20th of that of Facebook. The reason is that Twitter can't be monetized in the same way as that of Facebook. However, with Elon taking over Twitter, I am more confident that Twitter will be able to increase it's advertisement revenue by a large part. Elon has suffered a few setbacks ever since he took over Twitter, especially from the far-left. He need to wade through these troubles before Twitter can offer a stiff competition to other social media giants like Facebook.
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Over the past 123 years, the Russian ruble has defaulted three times. What is the probability of a fourth default?
123 years ago in America for 1 dollar you could buy 1 pair of good shoes, but what can you buy for 1 dollar now. Probably a glass of Coca Cola The monetary base in America has increased by almost 2000 times in 123 years and America has no way to pay off its domestic and foreign debts. The ruble looks even more stable. Well, inflation is a reality. All the fiat currencies around the world are losing their value with every passing year, as the governments are resorting to printing unlimited amounts of banknotes to provide freebies and subsidies to the population. US Dollar sill has the best protection against inflation, because it is the trade and reserve currency of the world. But Russian Ruble doesn't have any such protection. It has lost more than two-third of it's value (against the USD) during the last decade. And as long as the war goes on, it will continue to decline. |
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Through subsidy the government has helped them directly. With subsidies, consumers are able to access cheaper products and commodities. Subsidy can be in any form such like cash, grants, or tax. With subsidies, consumers are able to access cheaper products and commodities. An through this, government gives people grants to support their businesses. Subsidy helps people in their hard time, huge people depend upon subsidy. It's main aim is to reduced prices, thereby improving the state of the economy.
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