ICSE Class 10 Answered
State one favourable impact of inflation each on the farmers and on the government?
Asked by aanya2205 | 13 Mar, 2019, 05:24: PM
Expert Answer
Impact on Farmers:
During inflation, farmers generally gain this is because they can get better prices for their crops. Another reason is that during inflation, debtors gain as the value of money falls and their burden is reduced. In this case since farmers are generally debtors as they borrow money to meet their needs hence like other debtors they also gain.
During inflation, farmers generally gain this is because they can get better prices for their crops. Another reason is that during inflation, debtors gain as the value of money falls and their burden is reduced. In this case since farmers are generally debtors as they borrow money to meet their needs hence like other debtors they also gain.
Answered by Christina | 17 Mar, 2019, 12:55: PM
ICSE 10 - Economics
Asked by aniketnonia150 | 09 Apr, 2023, 01:04: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by tapaninvest | 29 Dec, 2022, 10:20: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by manishaghosh026 | 13 May, 2022, 02:54: AM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by abida9393sultana | 05 Oct, 2021, 10:09: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by rakhi123 | 15 Jul, 2021, 01:14: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by rajpootdigvijay1 | 09 May, 2021, 11:48: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by jatinsahni2004 | 16 Jun, 2020, 08:28: AM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by mamtakumariminj | 30 Apr, 2020, 05:41: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by vijaykisho | 09 Apr, 2020, 10:01: PM
ANSWERED BY EXPERTICSE 10 - Economics
Asked by venna.v14 | 07 Mar, 2020, 03:33: PM
ANSWERED BY EXPERT
