The cost of living is higher in many countries. What is the effects of higher prices to individuals and society? What is the best way for people to deal with this problem?

It is blatantly obvious that living cost gets higher and higher in a number of countries.
Although
there will undoubtedly be negative consequences of
this
trend, societies can take steps to mitigate these potential problems. As living expense depicts a constant acclivity globally, several related problems can be anticipated. The main issue is that
civils
a criminal who takes property belonging to someone else with the intention of keeping it or selling it
thieves
will definitely be unable to satisfy the living
standards including
Accept comma addition
standards, including
three mandatory conditions of living, feeding and dressing, expectedly resulting in homelessness, starvation and etc. Due to unsatisfied bottom prerequisite, myriad people are pushed
on
Suggestion
to
the verge of criminal acts, posing a severe threat
on
Suggestion
to
social stability and progression.
Further
pressures will include a rise in the demand for financial aids and an upsurge in social evils. There are several actions that governments could take to solve the problems described above.
Firstly
, a simple solution would be to inject more cash into the market.
In other words
, policies granted financial preferences to residents
such
as reduction of annual interest rates, increase of social welfare, etc.
may
the month following April and preceding June
May
facilitate house purchases, food supplies and clothes consumption. A
second
measure would be for the Government to encourage a declivity in product prices through investment supporting packs granted to manufacturers and distributors so that food and clothes are affordable.
Finally
, a surge in average salary and remuneration may encourage
productivity
Suggestion
the productivity
of the
workforce which
Accept comma addition
workforce, which
in turn encourage
civils
climbing vine native to China; cultivated in New Zealand for its fuzzy edible fruit with green meat
kiwis
thieves
civil
to earn their living themselves. In conclusion, various measures can be taken to tackle
to
being one more than one
two
problems that are certain to arise as the expenses of living grow upwards.
Submitted by Thanh on

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Topic Vocabulary:
  • cost of living
  • higher prices
  • financial burden
  • quality of life
  • social inequality
  • disposable income
  • poverty rates
  • cost-saving measures
  • skills and education
  • sustainable lifestyles
  • alternative lifestyles
  • government policies
  • government regulations
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