Paragraph : Price Hike
Price hike / Price Spiral (150 words)
The unusual rising in prices of daily essential commodities can be defined as price hike.
At present it is a common phenomenon in Bangladesh. Many reasons are responsible behind price hike. Rapid growth of population, hoarding, black market, market syndicate, natural disasters, limited cultivable lands, shortage of commodities supply, money inflation, political turmoil etc. are the most common in them. Besides, most often some dishonest and greedy businessmen create an artificial crisis in the market to make illegal profit. Consequently, there occurs price hike. The effects of price spiral are beggar description. Mainly the poor and the middle class people are the worst suffer for it. Govt. should take some effective steps such as creating monitoring cell, keeping strong to import product in crisis condition, motivating farmers to grow hi-breed crops etc. Again, the law enforcement agencies should take punitive action against the greedy businessmen and black marketers. Mass media can also play a vital role to reduce this issue.
Paragraph in short: 200 words:
Price hike / Price Spiral
Price hike means the unusual increase of prices of the daily essential commodities. Nowadays, this is a common picture in Bangladesh. When the buying ability of the common people goes beyond control for sudden rising of daily necessities is called price hike or price spiral. Every day the prices various necessary commodities are increasing. There are many reasons of price hike. Rapid growth of population and hoarding, black market etc. are the main causes of price hike. Apart from this, market syndicate, natural disasters, limited cultivable lands, shortage of commodities supply, money inflation, and political turmoil are responsible for this price hike. Moreover, there are some dishonest and greedy businessmen who create an artificial crisis in the market to sell crops at higher prices. As a result, there occurs price hike
. The rising situation of prices in the market affects the general people seriously. Especially the poor and the middle class suffer much in this circumstance. Children also suffer from malnutrition for the want of balance diet. To eradicate this problem govt. should form a monitoring cell and have an arrangement to import essential commodities in the crisis moment. Hi-breed crops should be grown in plenty. Money inflation, activities of black market, political unrest should be controlled. Again, the law enforcement agencies should take punitive action against the ill motive businessmen and black marketers.
In details – long or broad paragraphs: 300 words;
Price Spiral / Price hike
When the prices of the daily necessary commodities go high compared to the normal range, it is called price hike or price spiral. It is the situation of beyond capacity of the people to buy daily essentials. Every day the prices various necessary commodities are increasing. There are many reasons for price hike. Firstly, our population is growing rapidly. But our land is limited. As a result crops are not growing according to our demand. Secondly, sometimes natural disasters like flood and draught are responsible for price hike. There are also some dishonest businessmen who always try to buy crops in cheap rate at the beginning of the season. After then they create an artificial crisis situation in the market and sell crops at higher price to make illegal profit. Consequently, there occurs price hike. Apart from these market syndicate, hoarding, black market and political unrest are responsible for price spiral. The rising situation of prices in the market affects the general people very seriously. As most people of our country live below the poverty line, they cannot afford to keep pace with the rising condition. So, sufferings of them know no bound. Children also suffer from malnutrition for price for the want of balance diet. It is imperative to control the price hike at any cost. To solve this problem govt. should form a monitoring cell. Some essential commodities should be imported at the time of crisis situation. Govt. should have an arrangement to import essential commodities and should establish public sale points at the crisis situation. Hi-breed crops should be grown in plenty. Money inflation, activities of black market, political turmoil should be derived away. Again, law enforcement agencies should take punitive action against the dishonest businessmen and black marketers.
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