inflation effect on common man

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 Common People vs Dearness


 Inflation has become a major problem for the common people around the world. It is a situation where there is an increase in prices of basic necessities that weakens the financial stability of people, affecting their daily lives.

 In the context of inflation, there is an increase in the demand for essential food items, petrol, electricity, air travel, and business, which results in higher prices. This makes it necessary for people to have more money to spend. People need to spend more money to purchase essential goods in their daily lives. Moreover, inflation affects the poorest people the most, who are unable to spend due to their financial situation.


 In such a situation, people have to face difficulties in their daily lives. They become unable to purchase necessary items at minimum cost. This worsens their financial situation, and they are unable to support their families. They have to deal with scarcity and fluctuations in their daily lives.

 Inflation is a problem in most countries around the world, especially in those where people have temporary financial stability and live below the poverty line. To address this problem, the government and other authorities need to take steps to control inflation. Some measures that can be taken include controlling demand and supply, reducing unnecessary expenses, increasing production, and providing financial assistance to the poor. By implementing these measures, inflation can be reduced, and people can lead a better life.

Jay hind

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