Cause & Effect Paragraphs The cause of price hike in bangladesh and its effect

উত্তর: Price Spiral/Price Hike Price hike refers to the increase in the general price level of goods and services in an economy over a period of time. In Bangladesh, price hike is a major concern for the citizens as it affects their purchasing capacity and standard of living. There are several reasons behind price hike such as an increase in production costs, fluctuation in exchange rates, shortage of supply, and high demand. Additionally, political instability, natural disasters, and global economic conditions also contribute to the rise in prices. People suffer greatly due to price hike, especially those who live below the poverty line. It affects their basic needs like food, clothing, and shelter. The middle class is also affected as their purchasing power decreases, leading to a decline in their standard of living. Price hike also has a negative impact on the economy, reducing investments, and lowering employment opportunities. To minimize price hike in Bangladesh, the government should take necessary measures such as increasing agricultural productivity, controlling market monopolies, and improving infrastructure facilities. The central bank should also implement monetary policies to control money supply and maintain a stable exchange rate. In addition, the government should increase transparency in governance and take steps to reduce corruption. By taking these measures, it is possible to reduce the impact of price hike on the people of Bangladesh and ensure economic stability in the country.

HSC English 2nd Paper Composition : Writing Paragraphs (Comparison/Contract Cause/ Effect) CQ — Prosthuti প্রশ্নব্যাংক