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When the Maharaja boasted about killing the first tiger, the astrologer warned him that he may kill ninety-nine tigers, but he must be “very careful of the hundredth tiger.” Yes, the astrologer was absolutely true in this prediction, because finally the Maharaja was killed by the hundredth tiger.
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When the value of Goodwill is not mentioned, it is assumed that goodwill is hidden or it needs to be calculated. Hidden Goodwill is calculated with the help of Capital Employed in business. To calculate the hidden goodwill, actual capital employed in business should be deducted from the total required capital.
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There are several causes that lead to poverty. Some of these are listed here:
- Inflation
- The constant rise in population
- Unemployment.
- Poor growth rate
- Lack of capital
- Excessive debts in rural areas
- Colonization Hangover
- Poor Education
- The pressure of constant inflation
- Migration from rural to urban towns
- Ineffective implementation of the policies and reforms
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Prabhjot Singh 6 years, 8 months ago
2Thank You