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Generally, food prices are 'rising' not because of increasing costs but due to inflation. Inflation does not reflect a real price increase (that is, it is not becoming more costly to make food) but rather a general increase in the price levels. In some specific time periods, food prices due rise but usually due to war, famine, or other problematic conditions which affect supply.
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How will rising food prices effect the poor?
We'll starve!
How do rising gas prices affect teenagers?
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
What means that prices on average are rising?
Another name for rising prices is inflation.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
How much prices of goods and services are rising?
Inflation is where prices overall are rising. This is caused by the over printing of money by the Government.
How will rising food prices effect the poor?
We'll starve!
What are the causes of labor unrest in 1919?
-Rising Prices -Food Shortages
What was one causes of the labor strikes in 1919?
rising prices
What does agflllation mean?
'Agflation' is the rising food prices caused by increased demand for agricultural commodities.
What was an effect of the union's navel blockade of the confederacy?
Rapidly rising food prices across the South.
What was an effect of the Union's navel blockade of the Confederacy?
Rapidly rising food prices across the South.
How do rising gas prices affect teenagers?
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
What means that prices on average are rising?
Another name for rising prices is inflation.
What is the economic process involved in the price of food rising?
Economics are involved in every part in food prices. The main source of rising food prices is usually fuel prices. The agriculture industry uses fuel in everything from tractors to trucks shipping goods across the country. As fuel prices go up, so does the cost to create "food". Since the profit margin on food is already minimal, price of food must go up anytime there is a rise in cost to manufacture.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
