The informal economy, also known as the hidden economy, encompasses economic activities that occur outside of formal regulations and taxation. This comprehensive article explores its historical context, significance, types, key events, and more.
Explore the concept of autonomous consumption, the minimum level of consumption for basic necessities that exists even with zero income. Understand its definition, key examples, and its broader economic impact.
A comprehensive look at the tobacco tax or cigarette tax, including its meaning, limitations, benefits, and drawbacks, as well as its role in funding healthcare programs and its broader socio-economic implications.
