Inflation
Presentation
•
Social Studies
•
10th Grade
•
Medium
joydeep chatterjee
Used 8+ times
FREE Resource
14 Slides • 8 Questions
1
Inflation
2
About Inflation.....
What is Inflation ? What causes Inflation ? What are the different types of Inflation
3
Inflation
Inflation is a considerable and persistent rise in the general price level of the economy over a period of time.
4
Multiple Choice
During Puja's, in West bengal almost all commodities becomes expensive. Can we consider inflation ?
No...since it is for a short period of time
Yes....since prices off almost all commodities are rising
5
Inflation
Inflation is a considerable and persistent rise in the general price level of the economy over a period of time.
6
Multiple Choice
Inflation may occur when the rise in general price level is
MOre than 1 %
More than 5 %
More than 3%
7
Inflation
Inflation is a considerable and persistent rise in the general price level of the economy over a period of time.
8
Multiple Choice
Which situation will create inflation ?
Demand and supply increases by 5%
Demand increases by 5% but supply increases by 1%
emand increases by 1% but supply increases by 5%
9
Why does inflation occur ?
Inflation occurs when demand exceeds supply
10
11
12
Poll
If you were living in Zimbabwe and had a some 1 dollar notes, what do you do with it ?
Save it
Throw it
buy something with it
13
Inflation
Inflation is a considerable and persistent rise in the general price level of the economy over a period of time.
14
Types of Inflation
15
Multiple Choice
Why do you think India has a low WP inflation but high CP inflation ?
Due to existence of middleman profits
Due to high direct taxes
Due to both the above causes.
16
17
Open Ended
- Why do you think there exists such vast difference between WP and RP in India ?
- The consumers are effected more by the WP or CP inflation rates ?
18
19
Multiple Choice
Ram is a debtor and shyam is a creditor. During inflation...
Ram looses and Shyam gains
Ram gains and Shyam looses
Both loose
20
During Inflation the value of currency falls and therefore the debtor borrows a high value money but returns a low value money
21
Multiple Choice
Why does the quality of commodities fall during inflation
because of excessive demand in the market
because of excessive supply in the market
because it becomes a buyers market
22
During inflation due to less supply and excess demand, sellers are able to sell even bad quality products due to the scarcity of commodities in the market
Inflation
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