Post
Topic
Board Economics
Re: The economy is bad because the poor have no money.
by
btc78
on 15/01/2025, 09:53:30 UTC
The economic recession isn’t due to a lack of money in the market, but because the poor have no money.
is this not common sense? the rich does not represent a country's economy if it is only a small percentage of the country rather if the majority is in poverty then that is the representation of the economic state of a country

we can say that the economy is bad if due to poverty and rise of prices no one wants to be spending anymore which is why until now countries are looking for ways to combat poverty and uplift the entire country