Consumerism is a social and economic order that encourages us to buy more and more goods and services. Until 1800, the world GDP was stagnant. It did not grow at all. People owned practically nothing of value. But then, … Read the rest
Facebook and LinkedIn are both public companies and bear few similarities. From a numbers standpoint, both companies are very similar. They both produced almost the same revenue per user. But, the number of users is quite different … Read the rest
75% attendance is compulsory for all students in order to appear in final exams in all engineering colleges all across India. With the recent advent of technology, easy accessibility and numerous learning portals available online the relevance … Read the rest
Cricket is an all-pervading element in the Indian subcontinent. Without mentioning cricket, the story of India would be incomplete. It is not just a sport in India, but a part of our culture and tradition. But, the question often arises, … Read the rest
What is Crony Capitalism?
- Crony capitalism is an economy in which businesses thrive due to their proximity to the ruling government and influential people. Unlike Capitalism, which works on merit & competition, crony capitalists get undue advantage by the