Towards the Indian superpower .. When ?. Inequalities in the economies of the world .. Why ?. What is the reason ?.

Introduction : Scholars from different countries and economists from different countries have told us about the world economy through their books, articles and various ways.  In today's world of economics, we all need to know about economics.  Therefore, we will look briefly at the country's economy and its implications.  What is the economy ?  The economy is based on a country's income.  That is, income depends on the tax revenue collected in a country.  Therefore, the economy of a country is basically determined by certain factors, such as its source of taxation and personal income.  Country Revenue Sectors : A country's revenue is derived from different sectors through its different types of tax collection.  The revenue thus obtained can be divided into three major categories by its sectors.  These can also be called economic factors.  The following, 1.  Income from a public sector enterprise, 2. Revenue from an industrial enterprise and, 3. Revenue from an agricultural sector are the three sources of revenue available to a country.  This includes personal income.  These are the things that determine the economic status of a country.  Type / position of the nations of the world in terms of economy : In today's world, based on the economy, all the nations of the world have three classification levels as 1. Developing countries, 2. Developed countries and, 3. Underdeveloped countries.  The list of developed countries includes the United States, Britain, France, Russia, etc.  There are such countries which are also considered as superpowers.  The list of developing countries includes India, Iran, China, Afghanistan, etc.  Countries are located.  Among the nations of the world, why the above discrimination ?.  Economic comparison of the countries of the world : As mentioned above, all the countries of the world rank among the developed, developing and underdeveloped countries based on their economies.  In this we compare the United States as a developed and superpower country, and the two countries have almost the same percentage (%) of income from the above three revenue sectors namely public, industrial and agricultural sectors.  But why this economic imbalance, and why India is not yet a superpower?  What is the reason for this discrimination?  We need to think about this a bit.  The reason for the economic imbalances in the world : If we want to know the reason for this, we first need to know how the percentage of income available through the above three sectors is calculated.  Its calculation is based on two criteria like., 1. The amount of income (%) earned by the above sectors (public, industry & agriculture) and, 2. The population of the country engaged in or working in that field (%). The first of these two criteria, the level of income, is almost the same in the United States and India.  The second criterion, however, is the size of the population involved in the field.  That is, the first criterion, sector revenue (%), is that in India, public sector revenue is higher.  Next up is industry and finally, agriculture.  The United States is in a similar situation.  But, the second criterion, the population engaged in the sector (%), is that the population engaged in the agricultural sector in India is higher.  Next in line are the public sector and the industrial sector.  What we do know from this is that the size of the population involved in a given sector is "directly opposite" to the size of its income.  It is in this context that India and the United States differ.  Some say the reason for this is population density.  But even densely populated countries like China are moving towards superpowers.  We have to consider this.  Similarly, when comparing the economic status of the world countries between countries, it is seen with inequalities.  This is the reason for the economic imbalance in the world.  Change for Economic Inequality : Every person in a country should try to The population of the country engaged in or working in that field (%) their income.  This should increase the 'per capita income' of a country and increase the income of weaker sectors such as agriculture.  With the actions of the people of the country like this, the income of the country will increase and the economy of the country will move towards the path of growth.  Thus, the economic inequality between the nations of the world will definitely change.  Conclusion : If this economic imbalance between the nations of the world is to change, the people of the country and the government of the country must change.  People who are economically superior should help people who are economically weak.  Moreover, all the people of the country must fulfill their duties and efforts for the development of the country.  Thanks to all. 

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Fahad Hussain - Feb 12, 2022, 6:39 PM - Add Reply

Plz follow me

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Aravinth Boss - Feb 12, 2022, 6:44 PM - Add Reply

Ok

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