Essay on Deflation: Causes, Effects and Control | Price Fluctuations | Economics
Essay on Deflation: Causes, Effects and Control! Essay on the Meaning and Causes of Deflation: Deflation is the opposite of inflation. Just as inflation is a phenomenon of rising prices, deflation is a phenomenon of falling prices. In the words of Crowther, "Deflation is that state of the economy where the value of money is rising or the prices are [...]