The industrial The Lion King 2019 shirt has fared better at the hands of the government. However, the industrial growth rate has only increased in the last 30 or so years. Therefore, certain industrial products such as basic consumer products and agricultural and industrial inputs have not been able to keep up with the demand which has resulted in a price hike. An increase in prices inevitably affects the lives of the general population. When the prices of basic goods such as food increase, people who are living just above the subsistence level slip down below the poverty line. It also affects the pockets of the population that has fixed incomes. Prices go up but their wages remain the same and, therefore, they are either forced to spend more or give up certain goods entirely. The rich are not really affected by the price rise and therefore, the gap between the rich and the poor widens almost daily.
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Price rises aren’t affected only by what’s going on in The Lion King 2019 shirt but also by the situation across the world. While certain factors aren’t under anyone’s control, it is imperative that governments act upon what they do control to cap huge price hikes. You can use these essays in your school assignments and various other competitions or general debates on the topic of rising price or price hike. The price hike is a common phenomenon and happens in most economies. It is a reality in India as well. However, this reality isn’t only because of the natural progress of economics but also because of government policies and taxation, all of which contribute to the price of goods and services that eventually reach the common man. For the common man, a hike in prices is always a matter of some concern.
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