write an essay on "Price Hike"
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Prices are ever on the increase. A rise in prices, economists say, is a sing of development and prosperity. But during the last two decades, prices of almost all the essential commodities have been increasing at an alarming rate. These soaring prices have caused great unrest and frustration among the people. The people belonging to the middle class and the salaried people are hit hard. All the more, the soaring prices have become a big threat and an open challenge to the government. It has shaken the faith of the people in the government. There is no let-up in the situation. Life has become very hard
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HELLO
here's your answer
Explanation:
Now we are seeing thet price is increasing day by day. Either in cities or villages. There are many reasons for price hike such as Rapid growth of population , Inadequate agriculture output, or some companies raise prices on their products and services and so on.
Increasing price of products and services in these day are the major problem for comman person or who belonging to middle class family. Even they can't afford their basic things like food , clothes etc. But it doesn't mean that raising price is not a problem for rich person! but they can afford theri basic thing whereas the poor person can not . So it means raising price of products and services/goods hot hard who belonging to middle class .
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