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Fast fashion is a term used to describe the rapid production and consumption of low-cost, trendy clothing. This phenomenon has gained popularity in recent years, with brands like Zara, H&M, and Forever 21 leading the way. The fast fashion industry is characterised by its ability to quickly produce and distribute new clothing styles, often inspired … Read More “The Impact of Fast Fashion on the Environment” »
The shadow economy, also known as the informal economy, black market, or underground economy, refers to economic activities that are conducted outside the formal sector and are not reported to the government for taxation or regulation. These activities can include unreported employment, undeclared work, illegal trade, and unregistered businesses. The shadow economy is a global … Read More “Exploring the Shadow Economy: Causes and Effects” »
