There goes a lot into the process of making a drug. Before a drug is deemed suitable for patients, it has to go through rigorous testing and cost-effectiveness analyses. In this article, I have tried to explain the whole process, right from the Research and Development to Marketing.
Debt is an instrument that has an equal number of critics and supporters, but if we look at this concerning the current scenario, things are on a bit of a scary side. We have seen the announcement of relief packages consisting of huge amounts of money. Have you ever wondered about where it is coming from, or do you have to worry about the debt taken by the government, and what repercussions it can have in the long term? In this post, I have tried to encapsulate a few things, which would help you get an overview of how things will move around with this huge debt.
In my first and second part, I had explained what money is and brief history of Money. Money and currency have all the same characteristics except money is a store of value, whereas currency isn't. A thousand dollar bill won't buy the same amount of goods that it used to buy 30 or 40 years back.