Post
Topic
Board Economics
Re: Which industry is making money?
by
CageMabok
on 15/01/2025, 13:07:55 UTC
I agree with you that global economic inequality can indeed affect the economic conditions of various countries, especially developing countries. For developed countries, companies that suffer losses are not due to economic inequality, but because of ineffective strategies and management in running their businesses. However, in general, economic inequality between developed and developing countries can also worsen the overall economic conditions.
Currently, several countries, both developed and developing, are facing very different economic conditions such as those experienced by America due to the fire disaster in Los Angeles and also the re-emergence of the Virus in China and in countries like Indonesia, tax rates have also been increased. So these conditions will certainly have a very diverse impact on economic conditions and also on the conditions of companies that are still running with their respective product sales.