Who all are impacted by food inflation?

Agricultural labourers

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Rich businesspeople

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Construction workers

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Managers in offices

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Solution

The correct option is C Construction workers
Food inflation is a harsh reality for poor people like agricultural labourers, construction workers, and factory workers. It leads to a drastic reduction in the standard of living for such people. Hence, they become victims of malnutrition and ill health and get pushed further into poverty.

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Similar questions

Inflation has affected working captial requirement of all firms.

(i) What do you think about the impact of inflation on working capital?

(ii) Give reasons in support of your answer.

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