What is inflation? Detailed answer

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What is inflation? Detailed answer

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What is inflation?

First of all, inflation is an increase in prices. All people, including businessmen and members of the government, are buyers. What they acquire is called goods and services. During inflation, people spend money faster than they produce goods. This is a period when a large amount of money can buy a small amount of goods. During inflation, money is worth little. Even if you know the causes of inflation, you cannot prevent it.

Sometimes the government is blamed for inflation for excessive spending. Businessmen and trade unions are sometimes blamed for it. Even families are blamed for increased needs. Often inflation is caused by war. In inflation, the constant rise in prices reduces the quantity of what money can buy. Then people rush to buy before money depreciates and prices go up. And businessmen think that the demand for their products has increased. Therefore, they invest in new production, equipment, factories.

This requires additional manpower. People get a lot of income, but they spend it right there. Businessmen see that their goods are selling well and borrow money to expand their business. Creditors (those who lend money), pensioners and those who have a fixed salary suffer the most from inflation. Before establishing control over inflation, the government must identify its causes. If this fails, control will not be established and the problem will remain unresolved.

Author: Likum A.

Random interesting fact from the Great Encyclopedia:

How does hair grow?

Did you know that both hair and nails have the same origin? They grow from the stratum corneum of our skin. Hair develops when part of this skin enters the lower layer and takes root there. Then it makes its way up through the layers of the skin and out. There are four different layers of cells in the hair roots. They divide, multiply and push the hair shaft through the skin.

As they move, the hair cells turn into a keratinous substance, resembling the outer layer of the skin. On the outer surface of the hair, the cells become flat and stacked one on top of the other like cobblestones. Near the root cells are large, round fat cells that contain the substances needed to build hair. By the way, the hair root seems to be "screwed" into this tissue. It cannot be pulled out. So when you pull out a hair, you are not pulling out its root.

Your hair grows at a rate of about 12 millimeters per month. And the surprising thing is that they grow at different rates at different times. Hair grows very slowly at night, in the morning their growth accelerates, in the evening it slows down, and then they grow again faster. The hair on a man's head lives three to five years, while a woman's hair has a lifespan of up to seven years. And your eyelashes only live for about six months! In total, on the body of an adult, there are from 300 to 500 thousand hairs.

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Created plants that live in total darkness 30.05.2012

Scientists at the Karlsruhe Institute of Technology (KIT) have created plants that can grow without light, ie. in absolute darkness.

Sunlight not only provides plants with energy (photosynthesis), but also controls the growth process: the so-called photoreceptors activate the processes of germination, leaf development, bud formation and flowering. For the first time, scientists have been able to replace the light-absorbing component of photoreceptors with a chemically similar synthetic substance called 15Ea-phycocyanobilin. In a plant cell, this substance replaces the natural light-sensitive component of photoreceptors - phycocyanobilin.

Modified plants in the dark germinated and developed in the same way as ordinary ones. The introduction of 15Ea-phycocyanobilin activates photoreceptors, and the plant "thinks" that it is growing in the light. This makes it possible to grow a plant in complete darkness, although, of course, the question of photosynthesis remains open.

Synthetic photoreceptors could be a valuable tool for research because they make it easier to study many of the processes inside living plant cells compared to conventional genetic engineering methods. There is also a new opportunity to study natural photosynthesis, which scientists have long been trying to copy and apply in industry and energy.

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