This system would be called the "totalitarian system".
The 13th amendment to the Constitution of the USA banned slavery throughout the country.
Answer:
Date Account title Debit Credit
XX-XX-XX Cash Rs 30,000
Account Receivable - Rajesh Rs 30,000
Rajesh is a Receivable so when they pay, reduce the amount they owe by the amount they paid. Doing so would mean crediting their account.
The Cash account will be debited to show that Cash was received because assets like cash are debited when they increase.
For human cost we lose soldiers which can sisters, brothers, fathers, mothers, for economic it puts big debt because people lose jobs and lose money, and for political it can be a positive or negative output.
