Inflation is like when everything in the store gets more expensive. Imagine you have $10, and it used to buy a lot of candy bars, now it only buys one or two. That’s inflation.
Examples
- Your favorite juice box used to cost $1, but now it costs $2.
- The bus fare went from $1 to $3 in a year.
- You used to buy three cookies for a dollar, now you can only get one.
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Categories: Economics · inflation,money,everyday life