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?
I think the main problem of the economy is poverty which i caused by unemployment and low wages while taxes are increasing. I think it is something that we have to control. If everyone would be financially stable, it could make our economy better.
That's found around the world. It is possible to see poverty even on the first world countries. They hide it away from the outer world thinking it might destroy their economic situation. World economy can be made better, but the same cannot be achieved without proper education, shelter, medical support. This is possible only by the governments around the world.