通货膨胀 Inflation 英语作文文档格式.docx
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通货膨胀 Inflation 英语作文文档格式.docx
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EssayonInflation:
AsustainedriseinthepricesofcommoditiesthatleadstoafallinthepurchasingpowerofanationiscalledInflation.Althoughinflationisapartofthenormaleconomicphenomenaofanycountry,anyincreaseininflationaboveapre-determinedlevelisacauseofconcern.Thecausesofinflationaremany.Whileitis-oftencitedthatadropinIndia’sagriculturaloutputleadtothedeclineinsupply,figurestelladifferentstory.
LongandShortEssaysonInflationforKidsandStudentsinEnglish
GivenbelowaretwoessaysinEnglishforstudentsandchildrenaboutthetopicof‘Inflation’inbothlongandshortform.ThefirstessayisalongessayonInflationof400-500words.ThislongessayaboutInflationissuitableforstudentsofclass7,8,9and10,andalsoforcompetitiveexamaspirants.ThesecondessayisashortessayonInflationof150-200words.Thesearesuitableforstudentsandchildreninclass6andbelow.
LongEssayonInflation400WordsinEnglish
BelowwehavegivenalongessayonInflationof500wordsishelpfulforclasses7,8,9and10andCompetitiveExamAspirants.Thislongessayonthetopicissuitableforstudentsofclass7toclass10,andalsoforcompetitiveexamaspirants.
India’sfoodproductioncrossed235milliontonnesduringyears2010-11asperthelatestestimatesandthisisthehighestsinceIndependence.Theprevioushighestproduction,atnearly233milliontonnes,wasachievedinyears2008-09.Agriculturerecordeda5.4%growthinyears2010-11comparedtothe4%growthachievedalltheseyears,accordingtoSAyyappan,Director-GeneraloftheIndianCouncilofAgriculturalResearch.
However,inflationreflectsoverheating:
thesupplycapacityoftheeconomyissimplyunabletomatchthedemandsonthatcapacity.Moreover,purchasingpowerofconsumersisincreasingandhencedemandisaccelerating.MinimumSupportPrices(MSPs)foragriculturehavealsobeenincreasing.TheMSPsforvariousvarietiesofpaddyduringtheyears2009-10wasbetween₹950-980perquintalandduringtheyears2010-11,itincreasedto₹1000to1030perquintal.
Moreover,forpulsessuchasArharandMoongtheMSPsinyears2009-10was₹2300and₹2760respectively,whileinyears2010-11,itincreasedto₹3000and3170respectively.Anothermajorcauseofinflationistheincreaseinthepricesoffuelinternationally,whichiscontributingtotheoverallpriceinflation.Therehasbeenasteadyincreaseintheinternationalprices,withtheIndiancrudebasketpricedat$113.09perbarrel,asonMay2011.Anychangeinpriceofdieselimmediatelyimpactspriceoffooditems,sincemostofthemaredependentontransportthroughseveral100km.Inflation,inshort,is“toomuchmoneychasingtoofewgoods”.Accordingtoanalysts,corruption,mafiaoperations,greedformoneybypoliticiansandindustrialists,counterfeitingofcurrencynotesetc.,alsocontributetocorruptionastheyaddtotheavailabilityofliquidityindifferentforms,whichinturnaddstoinflation.
Highlevelofinflationdistortseconomicperformance.IthasaddedpressureontheCentralBanktoraiseratesdespitesignsofslowgrowthintheIndianeconomy.Thus,highinflationandrisinginterestratesarecrimpingdomesticdemandandslowingdowntheeconomy.Inflationalsoaffectsinvestmentashigherlong-terminflationadverselyaffectsgrowthandinvestment.Highinflationispushingupthecostofcreditforfirmsaswellasescalatingtheirinputcostsbyinflatingtheirspendingonrawmaterialsandwages.Corporateinvestmentisaffectedbycostescalationofinputs,andinflationiswaningtheconfidenceintheeconomicgrowth.
ShortEssayonInflation150WordsinEnglish
BelowwehavegivenashortessayonInflationisforClasses1,2,3,4,5,and6.Thisshortessayonthetopicissuitableforstudentsofclass6andbelow.
Foodinflationadverselyaffectedthecountryin2013and2014consecutively.Curbingthepricesofgoodsisessentialinordertoattainrevivalfromtheslowdownineconomicgrowth.Foodbillsalreadyconsume35%ofhouseholdincomes.
Inflation,aspointed,outbyeconomists,occurredduetoweakmonsoonneededforthecultivationofsummercrops.DespitebeingthesecondlargestproduceroffruitsandvegetablesafterChina,Indiasuffersfromshortages,owingtothelackofefficientcoldstorageandtransportfacilities.RBIGovernorthough,haspromisedtocutdowninflationto8%by2015.Allmeasurestocurbinflationwouldbesuccessfulonlyifthemiddlemeninthesupplychainarebarredfromcarryingouttheirnefariousactivities.Onlycanthenwenotloseoutononionsandtomatoesonourdinnerplates.
InflationEssayWordMeaningsforSimpleUnderstanding
Output–thematerialproduceoryield,product
Escalating–toincreasesomethinginextent
Accelerating–tocausefasterorgreateractivity,development,progress,advancement
Crude–lackingfinish,polish,orcompleteness
Counterfeiting–madeinimitationsoastobepassedofffraudulentlyordeceptivelyasgenuine
Distort–togiveafalse,perverted,ordisproportionatemeaningto,misrepresent
Crimping–tocheck,restrain,orinhibit;
hinder
Escalation–increaseinintensity,magnitude,etc
Waning–decreasinginstrength,intensity,etc
Revival–restorationtolife,consciousness,vigourstrength,etc
Nefarious–extremelywickedorvillainous
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