Post
Topic
Board Economics
Re: Standard of living
by
Quidat
on 11/06/2022, 23:27:43 UTC
The standard of living in my city is increasing, the price of groceries and spices has also increased dramatically, inflation is always happening and another problem is the difficulty of increasing income, currently I work with a monthly salary of around $400 and my living expenses with my family are more than $400 so I do a lot of things to meet my needs every month.
It's not only happening in your city, but almost all countries are experiencing inflation, even the standard of living continues to increase, after we were attacked by covid 19 and in addition to the Russian Ukrainian inflation, our lives are getting chaotic, and our economy is getting worse, even in the country where we live. I think the price of basic necessities is getting higher, even oil prices are soaring, so in my country in recent years the standard of living is very difficult and the economy is getting tougher and unemployment is increasing.
Moreover, at this time what we can really feel is the increase in commodity prices,
it makes others also influence and plus the inflation that is going on,
the world economy is currently really not doing well and hope this will return to normal soon
Dont expect for everything to go back into normal state on which it would really be that might even comes worst as the day comes and standard of living could really be that affected on someone who do lives
and there's no exemption for this one whether you are living on first world or third world then you would surely be able to felt out on such price changes in commodities or any other related aspect.
Thing here is that you do need to sustain yourself via means on having other source of income so that you could able to at least survive out on whats current happening in the market.
Sadly for those who arent earning enough will surely feel some hardship.