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

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will definitely be unable to satisfy the living

standards including

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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

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the productivity

of the

workforce which

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workforce, which

in turn encourage

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to earn their living themselves. In conclusion, various measures can be taken to tackle

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being one more than one

two

problems that are certain to arise as the expenses of living grow upwards.