English, asked by sarthakranjan, 1 year ago

article on price hike

Answers

Answered by anubis
17
Since the times immemorial ,human beings have been always interested in constant ,fast and steady development.Due to this fast paced development we have used most of our natural resources pretty fast which have resulted in one of the most challenging problems of the present time"THE PRICE HIKE".There are various factors which lead to price hike and some of them are as follows-
1 Overpopulation
2 Reckless exploitation of resources
3 Corruption
4 Disasters both man made and natural

Effects of PRICE HIKE-
1 even basic needs can not be satisfied
2 Expensive things get more  expensive and cheap things get expensive
3 Famines
4 Decrease in standard of living 


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