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Showing posts from August, 2023

Democratisation of capital

The concept of capital democratisation relates to the idea of making financial resources, investment possibilities, and economic engagement more available to a larger segment of the population. This idea is significant for various reasons: 1. Reducing Inequality: Democratising capital can help alleviate economic inequality by allowing more people, particularly those from low-income families, to participate in wealth generation and economic progress. 2,Economic Empowerment occurs when more people have access to finance and investment opportunities, allowing them to participate in economic activities other than traditional employment. Increased financial independence, entrepreneurship, and economic empowerment can result from this. 3.Entrepreneurship and Innovation: By increasing access to financing, we empower more people to pursue new ideas and launch their own enterprises. This encourages entrepreneurship while also contributing to economic dynamism and growth. 4.Social Mobility: ...