Living costs in some countries are swiftly rising
this
is because the national rate is high. Linking Words
As a result
, the community's buying capability is weakened. Linking Words
This
essay will discuss how it has become the main reason and how it affects society's purchasing capability.
Increased prices of goods and services are driven by inflation. there are various reasons why inflation happens Linking Words
such
as an unmanageable increase in the money supply. Indonesian 1998 is an example of a country where the living cost at that time rose greatly Linking Words
due to
expansion. The nation was unstable, which created an economic crisis. Linking Words
Consequently
, primary, secondary, and even tertiary needs prices were unaffordable for some populations.
A remark and notable effect of expansion is the purchasing capability of the people is weakened. Still in Indonesia in 1998, low to middle-class economy people could not afford basic food needs Linking Words
such
as eggs, potatoes and rice Linking Words
due to
their prices in the market. The station was forcing the seller to put an unreasonable price Linking Words
due to
stabilizing the economy and political situation at that period of time. Linking Words
Therefore
, only several groups of a community could afford to buy the things they need Linking Words
as a consequence
of expansion or in other terms, it has lessened their purchasing capacity. Another province that had an experience with Linking Words
this
issue was Venezuela in 2022 with an approximately three hundred per cent rise rate.
In conclusion, maintaining the supply of money in a province is crucial and indisputable; Linking Words
otherwise
, a country will face the following problems Linking Words
such
as an economic crisis which affects the society's purchasing power.Linking Words
bram.admiral