How does inflation work?
In: Economics
I assume you mean about money.
Adult: Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product.
Kid: Sometimes raw materials are hard to get or people who make things want more money, so the thing they make costs more. Sometimes A LOT of people want the same item, making them raise the price because they gotta make so many.
If you’re talking about air inflation:
Adult: This pressure compresses the arteriosclerotic material in a direction perpendicular to the wall of the vessel and thereby dilating the vessel lumen.
Kid: Air go in but can’t go out, material stretch to make room for air, object now inflated.
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