What is inflation? Complete General Knowledge Question and Answer for Class 6, 7, 8, 9, 10, 11 and 12 Students CBSE Exams.
What is inflation?
Inflation means a rise in prices. During inflation people spend money more quickly than goods can be made. We get less for each rupee or dollar spent. There are many reasons for inflation like government spending, problems with labour unions and even wars.
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