write an essay on the cost of living is too high
Answers
today, rising cost of living is an everyday theme. In the bus, at the office and at the market, almost all conversations revolve around the rising prices. Increase of general price levels is generally known as ‘inflation’. The common man feels the inflation when the prices of his consumer goods go up. He feels the rising cost of living with each increase of bus fare, bread prices and utility bill prices. The causes a lot of social problems which at its extreme form, cause social unrest.
Over the years, our wants and needs have increased. In the early days, the father of a family would be the sole breadwinner and with his earnings, his family will build a house, educate the children and save for the future. As the economy developed our wants and needs have got complicated. In food, clothes and almost all consumer goods, there is a wide variety and greater choice. With variety and choice, comes the price to pay.
Explanation:
hope it help
Answer:
Ever since money was introduced as a value to exchange goods, there are advantages as well as disadvantages that can be seen from it. It is undeniable that money is important to every individual. Money has so much power that it can even control society. In economy, money flow happens when a penny is spent on products. Money flow goes from spending, receiving wages to spending again. Money could also be the main factor standards are formed as well as inequality. With all the financial difficulty, individuals could even decide to commit suicide because of the difficulty it bringsAs the need of money grows, so does the greed of it. The greed of money could lead an individual to even drown their integrity for bribery and corruption to earn fast buck. The cost of living that is rapidly increasing compared to the income of individual brings many problems to the society. Individual may not be able to obtain their basic needs such as foods, clothes, education, and the like. Parents may not be able to raise-up their children with a comfortable environment. Children may need to help their parents in work just to lighten the burden but affecting their studies. In short for money, money matters.