What Is an Exit Visa?

An exit visa is a document that allows a person to leave a country. The requirements for obtaining an exit visa vary from country to country, but they typically involve having a valid passport and proving that the traveler has no intention of returning to the country. In some cases, a person may also need … Read more

What is Engel’s Law?

Engel’s Law is an economic principle that states that as income increases, the proportion of income spent on food decreases. In other words, as people’s incomes rise, they spend a smaller percentage of their income on food. This law is named after German economist Ernst Engel, who first proposed it in 1857. There are a … Read more