Question

today's market too costly to buy anything.(complex)​

Answer 1

Every government, for the sake of the people, would do their best to maintain an achievable cost of living as years goes by. Inflation is often the main factor in the increase in cost of living. A small degree of inflation as years goes by is healthy for the economy but a large increase in inflation brings negative effect to the society.

Inflation is a result of redistribution of wealth and income at different rates, different sectors. The proportions of the increments at all sectors of production are not the same. Causing some income groups gain during inflation while others to be the losers of inflation. Inflation is always unjust and thus putting economic burden on those who are least able to bear it. As the increments on the income of those who have fixed salaries are never on par with inflation, which means they have to use more of their income to purchase some products and services. Living under these conditions might lead them to a great amount of stress and thus triggering a chain reaction of tragedy like committing suicide, bankruptcy and other social problems. Increase in living cost reduces the purchasing power. Hence, crime rate may increase when an individual is unable to maintain their standard of living as before.

Hope this helps