Tag: cost of living
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The cost of living crisis – was it always inevitable?
is the cost of living crisis caused by a growing global middle class pushing up the price of scarce resources?
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What is the Cost of Living Crisis?
The cost of living crisis is a social problem in Britain in 2022. It is when the cost of basic goods such as gas, electricity and food increase rapidly and faster than average wages, pushing more people into poverty. This post explores what items have increased in price, and who is affected the most.