Why planned economies fail
The primary reason due which planned economies fail is the lack of information regarding market demand.
6 October 2020
The primary reason due which planned economies fail is the lack of information regarding market demand.
In times of a struggling economy and raging pandemic, among reforms announced by central govt to boost private investment in the country, the message…
All the hues and hoopla's of superiority over everyone with whom we share this planet's common resources is gone with a virus in place.
Global dependence will always keep posing problems like this which will shake the very foundation of economics every time such things arise.
The champions of new global order, claim globalization to be a panacea for every ill that our society is facing but they fail to…