Question:

Why the price is so much raised in our country?

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Why the price is so much raised in our country?

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11 ANSWERS


  1. Bcos Oil and pretrol prices increased


  2. we have pumped too much money in the market without goods

    thousands of crores for welfare schmes ........higher education for lower class and the likes

  3. Due to our great, respectful, people loving, innocent, intelligent,

    honest politicians.

  4. u r looking the price index only ,but u just have a look on corruption graf in india, then u can find the truth u r self .

  5. its not only in India but also all over the world, only major reason is rise of oil prices, leading to rise in transport cost and so on.

  6. Rich men want to add more millions in his account,otherwise no inflation,no any shortage of grains, foods,Oil.

    -Sudan

  7. Our system of "fiat money"

  8. Because Ben Bernake (federal reserve chairman) loves to print money.  

    When the supply of money increases, prices increase.

  9. There are a number of reasons due to which the prizes rise (like greater demand than supply, Higher taxes and duties, withdrawal of government subsidies etc etc). However, the reason for the general rise in prices for most of the stuff is due to inflation!! Inflation is a condition where the value of the money begins to fall due to various reasons (like higher supply of money etc etc) which results in us having to spend more to get the same stuff which we used to get at a cheaper value!! For ex, if a hundred rupee was equal to 100 chocolates, now it will be worth only 80 chocolates due to inflation....

    In short, the prices rise as the value of currency falls! Its a very complicated cycle actually...

    Fair enough?

    On a lighter side, maybe the price is raised so much in your country because you are stuck in the wrong country!! Ask your parents to raise the pocket money buddy.... :-p

  10. What price?  What country?

  11. Right after the Gas price going up then everything going high price.

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