causes of inflation

A graph on a laptop screen showing causes of inflation

Causes of Inflation: An Overview in Sociology

Inflation is a complex economic phenomenon with various sociological causes. This article explores the causes of inflation, including demand-pull inflation, cost-push inflation, monetary factors, external factors, expectations, psychological factors, and government policies. Understanding these causes is crucial for policymakers and sociologists to develop effective strategies to manage and mitigate inflationary pressures.

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