In this day and age, standard of living are upfliting globally, leading to numerous of challenges that is hard to wholely handle. In this essay, i would evaluate some influence of this problem before proposing some efficient solutions to tackle its implications.
To begin with two main reason thay explain why cost living are rising in the modern society. That is non-sustainable economic growth and war which directly affected to the expense of living. These issues bring many detrimental impacts that human being are influence first. Particularly, individuals who have a low income find it difficult to seek for accomodations where is suitable for their disposable income. In the case of unemployee, causing some challenges for government and individual. When running out of save money, the unemployed have to confront with a sequence of problems, namely healthcare cost, decretionary expense and housing cost that may drive them to the verge of despair. Generating great chances for many serious problems that is the increasing of many kind of criminals or eventually killed by their pressure.
Consequently, all of this major leading to economic ressesion.
On the other hand, there are some effective solutions that can be implemented to combat this issue. Firstly, government should persuade their citizen moving to rural area where has a low expense and stimulate them apply some way to adjust their cost of living. By encourging firms and companies in the rural area or exploring the tourism potential that generate more work for unemployed. Secondly, the need of subside also be a major solution that can remarkable enhance the people who actually want to overcome the difficult period. Another effective measure that can wholy solve this problem all time is building a sustainable economic and a equal society.
In conclusion, in the modern society, the rise of cost living bring far disadvantages outweight the advantages that directly affect to the human life. Therefore, Government should enact some efficient policies that could help individuals overcome poverty.