A personal financial system can also involve generational wealth transfer, taking advantage of tax planning opportunities, filing tax returns, using credit cards, and buying, selling, and managing assets. Personal finance is always tailored to one’s specific needs in the short, medium, or long te...
However, due to the wealth, health, and social inequities between White and Black Americans, it’s clear that affinity-based advantages were passed on from White ancestors to their descendants, while the same didn’t happen for those who have slavery in their ancestry. Al...
The cryptocurrency market experienced explosive growth and speculation during the bull run of 2017, with the Bitcoin price reaching a high of nearly $20,000 and altcoins typically following the trend. However, the subsequent market correction highlighted thevolatilityand speculative nature of cryptocurren...
It is said that the greater the amount of social mobility, the more open the class structure. The concept of social mobility has fundamental importance in ascertaining the relative “openness” of a social structure. The nature, forms, direction and magnitude of social mobility ...
with varying results. Many developing nations are also characterized by a long-standing system of unequaldistribution of wealth—a system likely to continue despite marked increases in the GNP. Some authorities have observed the tendency for a large portion of any increase to be siphoned off by ...
Despite the socioeconomic, cultural, and institutional barriers, transitional entrepreneurship practiced by ethnic, immigrant, and women entrepreneurs has enhanced economic progress, wealth creation, employment generation, and the production of beneficial goods and services in host countries and communities. ...