Post
Topic
Board Economics
Re: How can we make this world economically better?
by
aencarnaci
on 16/05/2018, 06:54:02 UTC
The society is divided into haves and haves not, poor people are getting more poorer and rich people are getting more richer, Value of money is decreasing and inflation is increasing, Many people around the globe suffer death mostly Africa and asia because hunger and unable to fulfill basic human needs.
What actions should governments need to take and how individuals can contribute?
A lot of people here are now gaining a lot of money from their profits with cryptocurrencies. One way to help economy is to declare your income with coins in you ITR's. Taxes collected from it would be a boost to our economy.
This world can be made economically better for all if we try to solve some issues face by the people and even economists. The first issue is the in equal distribution of wealth. The wealth of a country is not equally distributed as a result of which the rich is getting richer and poor getting poorer. Besides, taxation needs to be reformed and the rich should be taxed so to use the tax money for the mutual welfare of the people.