Post
Topic
Board Economics
Re: The economy is bad because the poor have no money.
by
dezoel
on 27/01/2025, 13:25:53 UTC
Economy of any particular country is not determine by the poor or rich individual rather circulating factor is what drive it,what thrives economic is when money is in circulation so as such government should been able implement policies that will foster the rate at which money is circulating,If money reaches everybody irrespective of your social class in the society,i think it can help to revive economy.when there's buy and sell of goods and services in a particular place the economic experience rapid growth.At this point,we should do away with the idea of saving of depositing money in bank because it doesn't help.
You have good point about this problem it's always depended on governments policies about their economy which increase circulation of money, and also they need to work on productions which increase their economy because things like these always increase level of peoples and also end the poverty.

Society always needs policies which encourage spread of money and this always helps economy for having better things for any country and their peoples buying approach always needed to be on stable because with this growth increase and economy is also had positive impact. Rich and poor both are always important for any country or society with balance create good impact on economy but increase of poor or poverty always unbalance and this also hurts badly.