Write an article on a topic of price hike 280 words
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Answer:
Price rise is one of the most ticklish current problems. Whenever we go to make some purchases in the market, we learn to our great disappointment that the prices of most of the commodities have risen. And sometimes quite exorbitantly. There are several reasons for this steep rise in prices.
One reason is the shortfall in production. This happens particularly when the country or a part of it is witnessed by floods or famine. Strikes result in fall in industrial production. Sometimes, one feels baffled when one learns that there has been a bumper crop and still there is scarcity of essential commodities in the market. This usually happens due to a number of reasons.
One reason is the defective distribution system. Sometimes, there is over-production of some agricultural product in one State but it does not reach other States for lack of wagons, boxes, etc.
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Price rise is one of the most ticklish current problems. Whenever we go to make some purchases in the market, we learn to our great disappointment that the prices of most of the commodities have risen. And sometimes quite exorbitantly. There are several reasons for this steep rise in prices.
One reason is the shortfall in production. This happens particularly when the country or a part of it is witnessed by floods or famine. Strikes result in fall in industrial production. Sometimes, one feels baffled when one learns that there has been a bumper crop and still there is scarcity of essential commodities in the market. This usually happens due to a number of reasons.
One reason is the defective distribution system. Sometimes, there is over-production of some agricultural product in one State but it does not reach other States for lack of wagons, boxes, etc.