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प्रश्न
How does inflation affect the following?
Farmers
State the effect of inflation on the farmers.
State one favourable impact of inflation on the farmers.
उत्तर
- Farmers generally gain during periods of inflation, because they can obtain better prices for their crops during inflation.
- Moreover, farmers are generally debtors as they borrow funds/money for agricultural purposes. Like other debtors, they gain during inflation.
- However, small farmers do not gain much during inflation as the major portion of their produce is not marketed but instead, kept for self-consumption. Moreover, they have to purchase inputs, like seeds, fertilisers, insecticides, etc., at higher prices during inflation.
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संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
Explain how taxes can bring about equality in income distribution.
Examine any three adverse or evil effects of inflation on production.
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.
Which of the following section of the society is most adversely affected by inflation?
State running inflation impact on fixed income groups.
Mention the effect of inflation on the value of money.
State the effect of inflation on creditors.
Why do producers gain in the short run during inflation?
How does inflation affect the distribution of income?
How does inflation affect the following?
Debtors and creditors
Which section of society gains due to inflation? Why?
