An economy is a zone of the production, appropriation, or exchange, and utilization of merchandise and enterprises by various operators. Comprehended in its broadest sense, 'The economy is characterized as a social area that underlines the practices, talks, and material articulations related with the production, utilize, and administration of assets'. Monetary specialists can be people, organizations, associations, or governments.
Our country has lots of resources, lots of competent people but I just cannot imagine why the poor became poorer and the rich richier. Aside from that, almost all of the wealthy businessmen are not natural citizens. It is so sad to say, and there are lots if selfish people sitting in a public office. Well it is just what I see. Perhaps because of the number one problem that almost all developing nation has, Corruption. That's why those privilege few became more powerful while the majority continues to suffer despite the government's effort to alleviate the conditions of most of their people. I know this because I lived in such country wherein as much as the government program to help the poor, it still can't gain much improvement because politicians all kept the money that was supposed to be for projects that will help the needy. They enrich themselves and even if you file a complaint against them, it will automatically go to the thrash bin because they have the money to pay for the corrupt judges.
