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प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
टिप्पणी लिखिए
उत्तर
1. Inflation basically widens the gap between the rich and the poor and therefore, creates social friction and conflicts.
2. Due to inflation, some businessmen resort to unethical, unfair and illegal activities such as adulteration, hoarding and quality deterioration, thereby affecting moral values.
3. Inflation also increases the possibility of corruption which is reflected in political uncertainties.
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Effects of Inflation
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संबंधित प्रश्न
The debt which yields income to the government is called as ______.
Explain how taxes can bring about equality in income distribution.
Identity the correct statement from the following:
______ are worst affected during the period of inflation.
Observe the relationship of the first pair of words and complete the second pair.
During inflation the debtors gain.
During inflation the ______ lose.
State running inflation impact on fixed income groups.
State the effect of inflation on creditors.
Discuss the effects of inflation on production.
How does inflation affect the following?
Farmers
Which section of the society is worst affected during inflation? Why?
