In many countries, the costs of living are rising. What are the effects on individuals and society? Suggest solutions to this problem.

It has been increasingly common that the living price tends to become more exorbitant in many countries. My essay will shed the light on the influence of expensive living costs and name some solutions to tackle

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phenomenon. Apparently, there are several reasons for

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situation. The population rate is significantly going up but

the

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accommodation is limited. Demand for housing, services and convenience increases to be appropriate for people’s life.

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,

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inflation is one of the most severe problems

that is

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occurring in many parts of the world. Because of their ambition, numerous people raise

prices

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for products to benefit themselves.

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, people’s life has been negatively affected. Another point is its influence on not only individuals but

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on

society

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.

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with individuals, should

prices

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raise too fast, mental health will be impaired as they can not afford to pay for all daily activities.

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, they often have to cope with living under pressure.

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, for

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society

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the

increasing

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increase

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of

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in

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living

prices

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will make the distinction between rich and poor to be taken place so our

society

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may be degraded. Ultimately, to address

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problem, we have to cut down the costs by carrying out plans for everyday expenditures, saving money more as much as possible.

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but not least, the government should enact

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laws against inflation and

fine

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fines

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heavily for violators. In conclusion, paying higher

prices

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for food, accommodation and transportation leads to many adverse consequences. In spite of

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shared issue between the government and people who contribute to

society

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, a lot of people are still listless. So all the community members ought to cooperate to deal with it.