There is an interlinked relationship between economic growth and prosperity economists and policy makers greatly recognize the importance of having well entailed property rights since it offers the individuals to utilize their resources in the best way they see fit. It helps in developing new business, validation of inefficient industry, and inducing creation and acquisition of new energy.
Economic Inequality and Demand Supply
Economic Inequality is defined as the fundamental disparity that allows a person to certain material choices and denies them to another. This gap between the rich and the poor can be directed to the design of the ...