As the cost of living rises, most people need more than one job to pay the bills. Describe the possible causes of this and suggest how the problem can be dealt with

In recent times,

majority

Correct article usage

the majority

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of the population requires a secondary income source in order to supplement the surge in the

cost

of living. Throughout

this

essay, I will not only discuss the reasons for the rise in living

costs

but

also

suggest possible solutions to tackle inflation.

To begin

with, most people are finding earnings from a single job inadequate to pay for their day-to-day expenses. One of the major

reason

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reasons

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is

escalation

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an escalation

the escalation

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in the prices of basic commodities and housing, which is mainly dependent on the economic principles of supply and

demand

. If the

demand

for a specific commodity surpasses its supply,

then

there is bound to be a rise in the

cost

and

consequently

the price.

For instance

, due to overpopulation in urban cities,

land

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the land

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is becoming a scarce resource, due to which the value of land has soared, having a direct impact on

the

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apply

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housing prices. Another reason to be considered for added pressure on sustenance is increased fuel and power

costs

. Due to the depletion of coal and oil reserves, the

cost

of electricity and transportation has shot up significantly

than

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more than

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what

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apply

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it was before. One of the solutions is

ofcourse

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of course

to restrict the

populaation

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population

of a country, though it is quite a herculean task.

However

, the government can create

an

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apply

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awareness about the merits of population control by running various campaigns in colleges and communities.

Secondly

, the government should invest heavily in local manufacturing, which will not only generate employment for the people but will

also

ensure that the local

demand

is adequately met. In order to combat the issue of fuel and power

costs

, the answer lies in

acceptance

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the acceptance

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of alternative energy sources and technology

such

as renewables and electric vehicles.

For example

, in

Chile

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,Chile

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most of the electricity is produced from solar and other non-conventional methods with little or practically no dependence on coal or gas. The

above stated

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above-stated

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methods will aid in lowering the living

costs

. To conclude, excessive

demand

with respect to supply and reliance on conventional energy providers are the

majore

Correct your spelling

major

reasons for high

costs

, due to which an individual might have to resort to more than one job to pay his bills.

However

, with population control, government intervention to give a boost to local production and having mandates for adopting technologies lowering the levelised

cost

of electricity the living

costs

can be considerably brought down.