When money's tight, there's a big difference between buying essentials and non-essentials. If a handbag is too expensive, we just do without. But what happens if basic essentials, like food, become too expensive?
The world of Economics Explained: Markets and morals - who sets the prices
2 min20184
Share
The world of Economics Explained: Markets and morals - who sets the prices
2 min20184
When money's tight, there's a big difference between buying essentials and non-essentials. If a handbag is too expensive, we just do without. But what happens if basic essentials, like food, become too expensive?
Share