State any 7 reasons of price rise and explain them in detail...
pls help me..
this question is of gseb class 10.
Answers
Answered by
1
Rapid Growth of Population:
Increase in Incomes:
Deficit Spending for Development:
Increase in Money Supply:
Inadequate Agricultural Output:
Inadequate Industrial Production:
High-priced Imports:
With regard to the factors contributing to the rise in the general price-level, one may mention that on the demand side the following factors have operated: rapid growth of population, increase in incomes, rising non-development expenditure of the government and increase in money supply.
Explanation:
I hope this is correct answer
Similar questions