answersLogoWhite

0

The main problem in the economy is that money is not circulating among normal people. It is flowing up to the richest as fast as the government can print it. If we are to climb out of this mess, wealth needs to flow back into the hands of middle class consumers who will spend it.

User Avatar

Wiki User

16y ago

What else can I help you with?

Continue Learning about Economics

What is the major obstacle in rural economic development of India?

lNo development is stable and sustainable untill and unless it is uniform and provide ample job and livelihood opportunities in almost all the areas of a nation. In India I don't think that development is homogenous.


What is the major economic problem in Azerbaijan?

Azerbaijan's major economic problem is its heavy reliance on oil and gas exports, which makes the economy vulnerable to fluctuations in global energy prices. This dependence has hindered diversification and sustainable growth in other sectors, such as agriculture and tourism. Additionally, issues such as corruption, a lack of transparency, and inadequate infrastructure further challenge economic development. The government has been attempting to implement reforms to address these issues, but progress remains slow.


What are the four major objectives of state economic policy?

The major objectives of state economic policy will vary from state to state. Most state economic policy agendas will include; economic development, full employment and price stability, and distribution of income and wealth.


The rule of entrepreneurship in economic development?

Entrepreneurship is a major factor in economic development and growth. Entrepreneurship produces both small businesses and large corporations that provide jobs and fuel the economy with more money.


What is the major economic problem in russia?

The major economic problems in Russia are as a result of political instabilities among other issues. Privatization of most state firms is one of the solutions that Russia has deployed to resuscitate its economy.

Related Questions

What are the socio-economic problems which hamper growth and development of India?

What are the major social economic problem which hamper the growth and development of india? According to mysore university


What is India's main asset and problem?

India's main asset is its diverse and youthful population, which provides a dynamic workforce and potential for significant economic growth. However, a major problem is the challenge of inequality and poverty, which can hinder social progress and economic development. Balancing rapid growth with sustainable development, access to education, and healthcare remains crucial for harnessing its demographic advantage. Addressing these issues is vital for India's long-term prosperity and stability.


What is the major obstacle in rural economic development of India?

lNo development is stable and sustainable untill and unless it is uniform and provide ample job and livelihood opportunities in almost all the areas of a nation. In India I don't think that development is homogenous.


What is 'regionalism' List down major economic factors responsible for regionalism in India?

1. What is 'regionalism? List down the major economic factors 10 responsible for regionalism in India.


How did Richard Arkwright created economic development?

He development the factory system even further, and this save him from bankruptcy when a major economic depression.


What are the major social issues of the 1970's?

Major social issues of the 1970's included the Cold War, and economic issues. Other major issues were civil wars in both Angola, and Ethiopia.


What are the major issues between India and Afghanistan?

Muslim and Hindu


What major issues led to the partition of india in 1947?

the answer is that India was from there being ruled over by the British


What are the major issues in modern forestry?

The major issues facing the forestry industry in the 2000s continue to be urban sprawl and sustainable development.


What is considered a major cause of the fall of roman empire?

economic issues


What are major results of the crusades?

The development of new economic interests for europe


Which major party is most concerned with national economic issues?

Reform Party