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RISING PRICES
| Pronunciation (US): |  | (GB): | |
I. (noun)
Sense 1
Meaning:
A general and progressive increase in prices
Example:
in inflation everything gets more valuable except money
Synonyms:
inflation; rising prices
Classified under:
Nouns denoting natural processes
Hypernyms ("rising prices" is a kind of...):
economic process (any process affecting the production and development and management of material wealth, or, according to Carmine Gorga, Ph.D., author of the book 'The Economic Process', the process of production of real wealth, distribution of ownership rights over real and monetary wealth, and consumption or expenditure of monetary wealth to purchase real wealth)
Hyponyms (each of the following is a kind of "rising prices"):
cost-pull inflation (inflation caused by an increase in the costs of production)
demand-pull inflation (inflation caused by an increase in demand or in the supply of money)
reflation (inflation of currency after a period of deflation; restore the system to a previous state)
stagflation (a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation))
