Price Hike Paragraph for Class 6,7,8, SSC,HSC

Price Hike Paragraph for Class 6, 7, 8, SSC, HSC: At present, due to the rise in the prices of daily commodities, the paragraph on Price Hike is very important for exams of all classes. So today we will learn how to write a good paragraph on Price Hike.

Price Hike Paragraph for Class 6

A price hike means an unusual increase in the prices of necessary things. It is a great problem in our country. The prices of things are increasing by leaps and bounds. Now the prices have gone beyond the reach of many people’s buying capacity. There are many reasons behind the increase in prices. Overpopulation is the main cause of the price hike. Food crisis is another cause.

Besides, money inflation, dishonest business, hoarding, black-marketing, natural calamity, political unrest, greed for money, lack of consciousness, corruption, etc, are greatly responsible for it. The price hike is becoming more acute day by day. It hurts our lives and activities. The people on fixed incomes cannot buy the necessary things and have to suffer greatly.

More or less, people of all classes are suffering from this problem. So it is high time to prevent a price hike at any cost. Money inflation should be controlled. Our greedy and selfish nature should be changed. Hoarding, black marketing, dishonest business, and political unrest should be removed to bring the prices under control.

Price Hike Paragraph for Class 7

Today, price hike is a common phenomenon in our country. A price hike means a rise in the prices of daily necessities. The price of essential commodities is increasing by leaps and bounds. Price hike is caused by the short supply of commodities and inflation. The price hike that results from the short supply of commodities is temporary.

But the price hike caused by inflation cannot be controlled by easy efforts. Whatever may be the cause, price hike causes a lot of hardships and suffering to people. The fixed-income group of people is severely affected by it. They have to maintain their families with their low and fixed income. They find it difficult to make both ends meet. They have to go without many things that are necessary to lead a normal life.

The poorer sections of the people are the worst sufferers. Necessary actions and proper measures should be taken to control the price hike. Hoarding should be controlled. Smuggling and black-marketing are to be eradicated. An adequate supply of essential commodities is to be ensured. We all should come forward to do something so that the prices of our essential things can be kept under control.

Price Hike Paragraph for Class 8

Price hike or rise in prices of essential commodities is the most talked-about issue of the present time. There are a number of reasons behind the soaring prices of daily necessities. With the growth of population, there remains always a shortage of production of commodities like rice, fish, meat, milk, and vegetables, oils, etc. These deficits in the production of daily essentials cause price hikes.

The dishonest businessmen hoard necessary products in their godowns with an ulterior motive to become rich overnight. As a result, there is a breakdown in the supply, which contributes to the rise in prices of the commodities. Smuggling and black-marketing are also important factors that cause price hikes. Whatever may be the cause, price hike brings about a lot of hardship and suffering to the people. The poor and the lower middle-class people suffer intolerably from price hikes.

They find it difficult to make both ends meet. They cannot afford to manage three square meals a day. They suffer unbearably due to malnutrition and other diseases. Price hike leads to widespread corruption and moral degradation. The government should take proper initiatives to control price hikes to mitigate the sufferings of the common people. The rich and the business class should also come forward to ensure proper distribution of the commodities.

See more: A Rainy Day paragraph

Price Hike Paragraph for SSC

The sudden and exorbitant increase in the prices of almost all daily necessities is called a price hike. The poor and the middle-class people of our society are adversely affected by price hikes. But the worst sufferers of the price hike are those who live from hand to mouth. Short supply of commodities and inflation are mainly responsible for price hikes.

The price hike that results from a short supply of commodities is easily controllable as the price decreases with the increase in the supply of commodities. But price hike that results from inflation are not easily controllable and have a long-term adverse effect on our living standard. Price hike may also be caused by a sudden increase in demand or damage to crops by flood or natural disasters.

Sometimes dishonest businessmen and hoarders artificially create price hikes to make more profit. They make money at the cost of the sufferings of the common people. Price hike leads to not only a decrease in our living standard but also rampant corruption and moral degeneration. The government should take immediate action to combat price hikes, and a committee can be formed with people who are experienced in price hike management.

Besides, stern actions must be taken against dishonest businessmen and hoarders. The dishonest businessmen could make a profit at the expense of the sufferings of the populace if they were guided by their moral values.

Price Hike Paragraph for HSC

Price hike of essential commodities is the most talked about issue of the present day. When the prices of all the essential commodities go too high, suddenly or gradually, the state of the price is known as a price hike. Price hike is usually caused by a short supply of commodities and inflation. The price hike that results from the short supply of commodities is purely temporary. The prices come down if and when their supply is enforced.

But the price hike caused by inflation, on the other hand, cannot be controlled by easy efforts. People of all classes become victims of price hikes. Of them, the poor and the middle-class people are the worst sufferers. The prices of almost all the essential commodities rise beyond their reach, and, as such, they can hardly purchase commodities as per their requirements.

So, they have to undergo intolerable suffering with their families. They find it difficult to make both ends meet. The government should take necessary steps to check the price hike on a priority basis. Import of essentials may be encouraged by the government through tax cuts. The rich and the businessmen should come forward to ensure proper distribution of the daily commodities.

The greedy businessmen who hoard essential commodities, intending to gain more profit, ought to be identified, and stern actions taken against those dishonest hoarders. The government should also make open sale arrangements of rice, wheat, oil, onion, and other essential goods to control price hikes and reduce the sufferings of the people to some extent.

That was today’s Price Hike paragraph. If you have any questions, don’t forget to let me know in the comments below!