Price Hike

                                                         
 

                          Price Hike
Price hike means the rise of price of essential commodities. Nowadays, price hike is very common phenomenon in Bangladesh. Many reasons are responsible for price hike. Population explosion, hoarding, black marketing, market syndicate, natural disasters, limited lands, shortage of supply, political instability etc. are the most common reasons for price hike. Moreover, some dishonest businessmen create artificial crisis in the market to make unusual profit. Mainly the poor and the middle class are the worst sufferer of it. Government should take effective steps to control price hike. Importing product in crisis condition, strong market monitoring, helping farmers to grow hybrid crops could be some solution to prevent price hike. Mass media and law enforcement agencies can play a very important role against price hike.

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