INFLATION
(560 words)
OUTLINES:
- INTRODUCTION
- LEADING CAUSES OF INFLATION
- FRAGILE ECONOMIC POLICES
- HOARDING, DISHONEST ATTITUDE OF TRADERS
- STEPS TO CHECK INFLATION
- CONCLUSION
Inflation refers to a continuous, general increase in the price of goods and services. Rise in prices is called inflation. Inflation at very fast rate is Hyper-Inflation, medium is Strato-Inflation and low lever is Creeping inflation. During the recent years the rise has abnormal and it has endangered the stability of our economy nationally and individually. In Pakistan inflation has become an
unending disease to our economy. Once a state is caught in the circle of inflation then it will be difficult for that state to get rid of it.
There are various factors that contribute to the rise in prices. Some are natural factors like unfavorable weather conditions which affect the food production and lead to the shortage of commodities in the market. With more money chasing fewer goods, the prices take to the wings. Besides this natural problem there are man-made problems like hoarding which contribute to the rapid increase in prices. The trading community which senses a shorting of certain commodities, especially the essential commodities, they resort to large scale hoarding. They release the hoarding products after increase in the prices and make a neat margin over
their investment in the hoarded products. They get so much profit but it waters inflation.
The rise of prices in Pakistan can also be attribute to the despicable acts of traders. Their only motive is to get maximum profit and so they try to charge lots of money from the customers as much as possible. This has created a class of people who are becoming richer day by day and the other class is becoming poorer. Hoarding is also playing a bad role in escalation of prices in the commodities
One of the most important reasons for inflation is the deficit budgeting. In order to cover the gap Pakistan has been printing more paper currency because foreign aid and taxes can not cover up the deficit. Therefore there will be greater circulation of paper money. There will be hike in prices of domestic used products as the purchasing power of the people has increased. Wrong taxation policy has also been responsible for the rise in prices. The hike in taxes results in greater desire to avoid taxes. Thus public takes wrong way of not paying taxes and there will be escalation in prices.
Pakistan’s government has been making a great effort to check this inflation. The rate of interests has been increased in order to encourage savings and withdraw of currency. The government is making efforts to increase industrial outputs so that the level of consumption is leveled with that of output. But unfortunately the government has not met
with success in getting rid of inflation.
The rise in prices goes non-stopped, some suggest that there should be demonetization of currency, but the government
thinks that it is an irregular method and will create doubts in the minds of the public about the stability of the government. The rise in the prices of petrol has affected the prices in our country. Pakistan is not producing more than 20% of its total requirement of oil. So we have to import a huge amount of oil every year. Moreover no step has been taken against the traders who are
mainly responsible for unreasonable rise in the prices.
BY:
SANJRAN GICHKI
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thankyou,,, i had to write an essay on inflation.. n this essay helped me alot. thankyou hun 🙂
your most welcome for your feedback 🙂
mujhy anthogoly ke sumjh nehan a rahe
anthogoly?? Didnt understand myself. Please elaborate so that i may be able to help you .thankx
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government securities hedge inflation, i need literature on this topic
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QUITE HELPFUL
NICE DEAR
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FANTASTIC.SUPERB.EXCELLENT.JOB.
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Good effort
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Farah Sis@@ I would help you, but to be frank I am having my papers in academy, due to which im too much stuck. Can’t find spear time. Im extremely sorry Farah Ma’am 😦
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ty
your essay is very good please write an essay on hoarding with quotation. i need it
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Aisha Malik@ your welcome 🙂
why dont you have an essay with quotations
Sundus@ These are old postings, for new postings i will have quotations in essays….
But don’t totally relay on others. these essays are only for hints and somehow help. you have to make up your own. and quotation is nothing too hard to find.. 🙂
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0 itx v helpful f0r meh….
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No new postings uptill now. but if you need to know about new postings just follow the blog you will be auto informed as soon as a new posting is posted. 🙂
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Sir tell me about the demand pull and supply push…..????
My question is which inflation has increase more in last 13 years in pakistan…..????? ) Demand Or Supply…????
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thanks a lot sanjran for posting this nice piece of information but if u dnt mind i wana say u that the last paragraph which is about conclusion is nt very impresssive ………
Ayesha Khan@ Miss thank you for your appreciative feedback and i whole heartily thank you for the criticism too. I just myself need help sometimes. This is the best i could do and if you don’t mind please help me out with the conclusion if you can do it in a better way. I would really be very obliged. 🙂
it is a eassy and helpfull essay thank you very much sir.
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I will if i can spare myself sometime out of my tough schedule. It would be a pleasure for me 🙂
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o thnx sir u r really a very nice guy
Shoni alias Danial 🙂 your always welcome. 🙂 … and on the upper top you see my other postings. i dont post a lot. I just post something that i find time for so that someone around the world may get some help 🙂
https://sanjran.wordpress.com/essay-on-religion-has-done-more-harm-than-good/
ok f9 sir
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Aliza
It is very simple and useful essay which is helpful to clear my concept about inflation.
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it is very simple…….
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impressive essay
Yes you are right inflation is a very big problem of our country . But how we solve this problem???
Thank you so much sanjran
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thnxxxxxxxxxxxxxx
thnk u so much sir 4 this easy essay coz inflation essay was in my paper of english n ur essay has helped me alot
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My name is ahsan shah i live in kashmir nd i am student of b.com
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Mr Sanjay do you an easy for me on inflation of electrical material for last 4 years because i m an electrical contractor and i have completed a project at 4 years old quotation and consultant required a latter for reason of escalation.please help me,thanks
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keep it up and explain points like paper currency prinnting in detail
thnkxxx sanjran
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Lier lier pants on fire its only 545 words..
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thnks
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Thanks
HEY IT IS NOT IN GUJARATI WITH U ???
No i don’t have it in Gujrati. Dear i even don’t know Gujrati. I am not an Indian. If you help me to translate it i will post it in Gujrati by Your name 🙂