Why Is New York So Rich?

Finance, high technology, real estate, insurance, and health care all form the basis of New York City’s economy. The city is also the nation’s most important center for mass media, journalism, and publishing. Is New York a rich place? New York City Is the World’s Wealthiest, With US$3 Trillion in […]

What Are Some Examples Of Social Programs?

Federal and state social programs include cash assistance, health insurance, food assistance, housing subsidies, energy and utilities subsidies, and education and childcare assistance. Similar benefits are sometimes provided by the private sector either through policy mandates or on a voluntary basis. What are 4 examples of social programs in Canada? […]

What Is Social And Economic Welfare?

Welfare economics is the study of how the allocation of resources and goods affects social welfare. This relates directly to the study of economic efficiency and income distribution, as well as how these two factors affect the overall well-being of people in the economy. What is the meaning of social […]

How Many Millionaires Are In Africa?

We shall be focusing on these countries shortly. Also, there are currently some 136, 000 individuals with net worths of over a million dollars living across the African continent. In the same vein, the continent has about 6, 700 multimillionaires, with net worths of at least $10 million. What country […]

Who Is The First Black Billionaire?

He became the first African-American billionaire in 2001. Johnson’s companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. Robert L. Johnson Born Robert Louis Johnson April 8, 1946 Hickory, Mississippi, U.S. Was Jay Z the first black billionaire? In June 2019, Jay-Z […]

Who Can Benefit From Public Assistance?

Public assistance refers to assistance programs that provide either cash assistance or in-kind benefits to individuals and families from any governmental entity. There are two major types of public assistance programs; social welfare programs and social insurance programs. Who gets the most public assistance? Medicaid was the program with the […]