PRICE RISE AND CONSUMER AWARENESS. — Social Science STD 10 — Question
Gujarat BoardEnglish MediumSTD 10Social SciencePRICE RISE AND CONSUMER AWARENESS.2 Marks
Question
State the two main reasons for price rise?
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Answer
The two reasons for price rise are increase in supply of money compared to the supply of goods and services and an increase in population which will increase the demand for goods and services, in both the cases the supply cannot be increased to meet the growing demand so it leads to price rise.
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