Swatantra

Introduction China pledged to preserve much of what makes Hong Kong unique when the former British colony was handed over more than two decades ago. Beijing said it would give Hong Kong fifty years to keep its capitalist system and enjoy many freedoms not found in mainland Chinese cities.  But it seems that these promises are fading. In recent years, Beijing has taken what critics say are brazen steps to encroach on Hong Kong’s political system and crack down on dissent. These moves sparked massive protests in Hong Kong and have drawn international condemnation. In 2020, Beijing passed a controversial national security law and arrested dozens of pro-democracy activists and lawmakers, dimming hopes that Hong Kong will ever become a full-fledged democracy. Is Hong Kong part of China?  Hong Kong is a special administrative region of the People’s Republic of China that has been largely free to manage its own affairs based on “one country ,  two systems,” a nationa...

A pyramid scheme is a fraudulent business practice that involves the building of a network, or “pyramid,” of investors who pay money into the scheme with the hope of earning a high return on their investment. Hierarchical in structure, a pyramid scheme has a single individual or entity at the top of the pyramid, underneath which is an expanding base of investors. An investor pays to participate in the scheme and then recruits other investors to join the pyramid, who subsequently pay money to the investor who recruited them. Pyramid schemes rarely provide an actual product and rely solely on the willingness of recruits to invest money into the scheme. Pyramid schemes are considered a form of business fraud in most countries and are therefore illegal. In most pyramid schemes, the person who originates the scheme sends a letter or other form of communication to a number of individuals. The letter typically describes a business opportunity that promises a high financial reward in a short t...