People who have everything may not know the feeling of having nothing. The child who has nothing is willing to share because the child does not want someone to feel the same way that he/she did. Meaning, the poor child does not want someone to feel like they have nothing
Answer:
Corrupted economies are not able to function properly because corruption prevents the natural laws of the economy from functioning freely. As a result, corruption in a nation's political and economic operations causes its entire society to suffer.
Furthermore, most evidence of the possible economic benefits of corruption comes from global instances of poor governance. Scholars have found that corruption has no significant effect on economic growth in democracies, but inflicts significant economic harm in non-democracies
Not only does corruption affect economic development in terms of economic efficiency and growth, it also affects equitable distribution of resources across the population, increasing income inequalities, undermining the effectiveness of social welfare programmes and ultimately resulting in lower levels of human
A command economy is where a central government makes all economic decisions. The government or a collective owns the land and the means of production. It doesn't rely on the laws of supply and demand that operate in a market economy. A command economy also ignores the customs that guide a traditional economy. In recent years, many centrally-planned economies began adding aspects of the market economy. The resultant mixed economy better achieves their goals.
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Answer:
- We need to study how to recognize a bias in American Government in order to understand that the legislation that are made by the government government sometimes influenced bu interest group, so it might only benefit a select few who have enough wealth to influence the government.
(For example, government decision to let nature exploitation might benefit a certain industry while hurting the people who live around them)
- Recognizing this will definitely help us become better-informed citizens. We can always see if the decisions made by the government actually benefit the ones who need it or a select few who doesn't necessarily need government help.
