WealthhunterIndia | What is Inflation and its Effects?

What is Inflation and its Effects?

What is Inflation and its Effects?
Inflation is caused when goods and services are in high demand, creating a drop in availability. Consumers are willing to pay more for the items they want, causing manufacturers and service providers to charge more. Supplies can decrease for many reasons: A natural disaster can wipe out a food crop or a housing boom can exhaust building supplies, among other situations.

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