The Weird Economics of North Korea [Explained]

North Korea Economy

North Korea has a command (centralised) economy. The government controls the means of production and establishes economic development objectives and emphases. Since 1954, a series of national economic plans have been used to implement economic policy. North Korea has not issued…

Why Communism Never Truly Worked?

why communism always failed

Communism is defined as a political and economic ideology that positions itself in opposition to liberal democracy and capitalism, it advocates for a classless system in which all means of production and distribution are owned communally by the state and…

The Economics of Inequality in 21st Century

Economics of inequality

The unequal distribution of income and opportunity between different groups in society is referred to as economic inequality. It is a problem in practically every country, and many individuals are locked in poverty with few opportunities to rise up the…

Top 10 Highest Paying Jobs in India

Highest Paying Jobs in India

You worked hard in school and college to get your formal education, and now you’re looking for one of the highest paying jobs in India to justify all those years of late nights. You’re looking for a career that pays…