When you’re thinking about starting a business, you may want to make sure that you are doing it in the right way. Sometimes, you can be really passionate about a set thing, and want to make that a success. Or, it could be that you want to make a difference in the world. Either way, you may want to ensure that you’re being as good as you possibly can. Let’s take a look at what that means.
Caring About People
First of all, you need to make sure that you care about others. When you’re hoping to create a business that helps others or does good in the world, you have to care. It’s important to try and meet a new or make people’s lives better. When you care about them, it’s easier for you to find success.
Creating A Great Product Or Service
Not only that, you’ll want to make sure that you are creating a really good product or service that genuinely helps others. When you do this, your business will speak for itself. It matters that you can create something that really makes a difference.
Doing The Right Thing
But then finally, you need to make sure that you are able to do the right thing in business. This means operating above board. You just cannot get involved in any white collar crime. If you’re not really sure what classes as white collar crime, or you don’t know much about it, the infographic below can help you.
For years, there’s been a divide in public opinion in the US about what precisely caused the reduction in poverty in America in the 20th century. Even looking at a lot of data on the matter, it is still difficult to determine what is the responsibility of the government, and what is down to the actions of innovators and employers in the private sector.
Supporters of government intervention like to point to the fact that the poverty rate fell after the 1950s with the introduction of a slew of welfare reforms that boosted the real incomes of the poorest people in society. These programs, they say, were responsible for the near-halving of the poverty rate over the course of just twenty years.
Unfortunately, however, the story is never as simple as it appears on the surface. During the 1950s and 1960s, the American economy underwent an economic miracle. Output grew at a faster average rate and more consistently than at any time in the past. The economy entered a decades-long boom, increasing average incomes and leading to the emergence of the greatest middle class the world has ever seen.
While it is true that poverty reduction programs would appear to have beneficial effects on the poverty rate superficially, how much they contributed to the real decline that we see today still remains something of a mystery.
If you’d like to know more about the fall in poverty rates in the US, and how much is the responsibility of the government, take a look at the following fascinating infographic.
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