Gross Domestic Product (GDP) is the total market value of all goods and services produced in a country in…
Poverty is one of the major issues plaguing the world. There are some poorest countries in the world where majority…
The Great Depression is considered the most significant economic downturn in global history. It lasted for about a decade, starting…
Considering all the countries in the world, Qatar stands as the richest country with its GDP (PPP) per capita being…
The father of economics ‘Adam Smith,’ was the first economist to consider the implications of defense expenditure for a society’s…
The innovative activities undertaken by corporations or governments to develop new services or products or improving existing services or products…
The North-South Divide is a political and socioeconomic division and is not based on geography. It is a bifurcation between…