What are the economic and social consequences of inflation and the measures to combat it?

Economic and social consequences of inflation: wages fall, enterprises are closed due to bankruptcy, the population loses confidence in the government, international economic relations with other countries deteriorate, unemployment rises, loans become depreciated and banks go bankrupt, commodity prices rise and the consumption sphere decreases. Measures to combat inflation: cut government spending, raise tax growth, control the “release” of money.



One of the components of a person's success in our time is receiving modern high-quality education, mastering the knowledge, skills and abilities necessary for life in society. A person today needs to study almost all his life, mastering everything new and new, acquiring the necessary professional qualities.