What is capital flight in an economy?

Capital flight refers to the process in which either businesses or individuals liquidate their assets or move assets from one country to another. This usually occurs in response to financial difficulties, economic instability, or government regulation. For example, if a business is not doing well, it may decide to sell its capital, either in order to have the financial instruments to run the business or to shut down the business entirely and benefit from the sale of capital. In addition, individuals can move their capital from one country to another in order to avoid paying taxes and fees or to avoid problems with inflation or devaluation of capital and assets in a particular country.

Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.