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World Bank group ida

What is ida World Bank group ida The International Development Association (IDA) is the part of the World Bank that helps the world’s poorest countries. Overseen by 173 shareholder nations, IDA aims to reduce poverty by providing loans and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions. IDA is…

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intellectual property rights in Usa

The US Department of State has its own intellectual property rights in Usa which is enforcement agency which ensures that the IP rights of US-based companies are protected across the world. The agency seeks to deter access to counterfeit and pirated goods that can harm consumers, ensure that the interests of American IP rights holders…

In Short

What is Factor of Production

Factor of production Factor of production is an ecosystem goods are produced using there ecosystem.Goods need to be produce in any plant or infrastructure and land where goods are produce and money or capital need to build infrastructure and buy land and play salary and wages to employee . These are Factor make goods or…

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What is output in Economy and how country make profit

output in Economy output in Economy is consolidated between Goods and Service .Means Every Country Economy has Goods and it produce by people of country and Service is rendered to other Company ,Government,Individual. Output has monetary Value .Every 3month,6month, or 12 month. Every country has measure their Economy using Output and measuring unit is monetary…