Short Paragraph on Price-hike Updated in 2020 | EEB

This paragraph about Price-hike. It's a very short and easy paragraph. I think you like it. This paragraph only 200 words. All class students can read and remember it.

(a) What is price-hike?
(b) What are the reasons for it?
(c) What’s the impact of it on our society?
(d) Who are the sufferers of it?
(e) How can it be controlled?

Short Paragraph on Price-hike Updated in 2020
Price-hike Paragraph

Price-hike

Price-hike is a serious bane on the economy of Bangladesh at present. The vast majority of the consumers are very badly affected by the continual hike in prices of the daily necessaries. Price-hike is caused by a short supply of commodities or by the syndicate. The price-hike that results from the short supply of commodities is temporary. The prices come down if their supply is increased. But the price-hike caused by-syndicate cannot be controlled by easy efforts. Whatever may be the cause, price-hike brings about a lot of hardship and suffering to the lower income-class people. They find it difficult to make both ends meet. They have to go without many things that are necessary to lead a tolerable life. The poorer sections of the people are the hardest hit. Price-hike leads to widespread corruption and moral degradation. It can be controlled by CO-ordinates efforts of the government especially the law enforcement agencies and the businessmen.

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