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113 Comments
Ruby
10/17/2022 07:28:01 am
The pandemic affected inflation because it caused factories to shut down for months which made it hard for the factories to get workers when they re-opened. In addition, people were still buying new items and when everyday life started to become normal, people began to spend more. However, as people were spending more, the factories couldn't supply more products to the companies which caused higher demand for the products. Higher demand for the products caused higher prices since the products became more limited than they were before the pandemic.
Angel
10/17/2022 10:18:48 am
The pandemic affected inflation because it made the increase in prices go up by about 8 percent when it usually goes up by 1 or 2 percent a year. This greatly affects people because people with not as much money may struggle buying necessary needs. For instance, in the article it says, " This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things."
Ada
10/17/2022 10:22:19 am
The pandemic has affected inflation by causing shop owners to earn less money. For example, according to ¨Why Does This Stuff Cost So Much?¨, ¨It all started with the Covid-19 pandemic, which caused factories around the world to shut down for months. The production of cars, computer chips, and other products was halted. When those factories reopened, they faced difficulties in getting workers to come back. ¨ This means that shop owners have less income and consumers have fewer products to buy and when things go back to normal people will have difficulty going back to how life used to be due to the safety precautions and money issues.
Laura
10/17/2022 01:59:56 pm
The pandemic affected inflation because after the factories shut down during the pandemic, it was hard to find workers to work in things like factories. However, people were still buying products, which caused the rise in price. According to the article, it says "Anytime the demand is higher than the supply, prices rise." The pandemic affected inflation because it caused many shop owners to have to shut their shops down. This is bad because, after a long break, workers will be difficult to obtain. The text highlights that, "It all started with the Covid-19 pandemic, which caused factories around the world to shut down for months. The production of cars, computer chips, and other products was halted. When those factories reopened, they faced difficulties in getting workers to come back." This demonstrates that by having a lack of employees, the business will run slower, causing owners to increase the price of their produce/products.
Jason
10/17/2022 02:15:52 pm
The pandemic affected inflation because business had to be shut down in order to not get the diseases. As a result, they had to stay in shelter for months or years. With this happening, when they came back they had to obtain and sell and restore shelfs with their own money which made them poor. In other words, they increased the price of their supplies just to get some of their money back from taking a break.
Ya Qin
10/17/2022 02:31:50 pm
The pandemic has affected inflation because when COVID-19 hit, factories closed and when those factories reopened, they had a hard time trying to convince their workers to come back. As a result, there weren't many workers to work for factories. Then, when 2021 hit, people started to shop more than before during the pandemic, but the problem was that supplies were limited, so companies decided to raise their prices. According to the article "Why Does This Stuff Cost So Much?" by Michelle Crouch, it says "What has pushed prices up so quickly? It all started with the Covid-19 pandemic, which caused factories around the world to shut down for months. The production of cars, computer chips, and other products was halted. When those factories reopened, they faced difficulties in getting workers to come back. At the same time, people were still buying new things, such as computers, exercise equipment, and furniture. As life returned to normal, they splurged on cars, clothing, and shoes. People actually shopped more in 2021 than they did before the pandemic. Here’s the problem: Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise."
Kanglin
10/17/2022 03:43:38 pm
The pandemic affected inflation because Covid-19 caused factories to close, which made it difficult to find workers to work in factories when they reopened a few months later, but people still needed to buy the items they needed, causing prices to rise.
Ashley
10/17/2022 05:47:48 pm
How the pandemic had affected the inflation was because of COVID - 19 caused a lot of the stores to be closed for months, causing the owners to earn less than in the past. For example," the price for chocolate had increased by 11%, Gas for 48.7%, and Groceries for 6.5%." Since most of the prices went up, people are having a difficult time when they are buying things. Which had impacted a lot of people because they already spend most of their income on basic necessities. And so, that's what's making the shop owners to increase prices.
Zan Mei Wang
10/17/2022 05:51:22 pm
The covid-19 pandemic affected inflation because businesses and factories had to close and when those businesses and factories finally reopened, it was hard to get people to come back. People were still buying a lot of stuff even though there weren't a lot of workers. This caused prices to increase.
George Z.
10/17/2022 05:59:47 pm
The pandemic has affected the economy, which is one key factor of today's inflation. During the height of the pandemic a lot of jobs were lost, resulting in lack of resources. Therefore this shows, how inflation occurred.
Olivia
10/17/2022 06:07:50 pm
The pandemic impacted inflation mainly because companies found it hard to bounce back after quarantine. For example, because of covid, many had to leave their jobs including factory workers. After quarantine, these companies found it difficult to get their workers back which affected how much product they sell. This caused higher prices because items were now demanded by the public that could not be delivered to them. One of the many things that was delayed was oil. Since many people didn't drive or fly during the the pandemic, less oil was produced by companies. Since people are started to drive and fly again, the demand for oil increased, also increasing the price. This affected a lot of prices, not only for oil, because items like makeup, shoes, etc also used oil.
vincent.w
10/17/2022 06:49:56 pm
The pandemic affected inflation because it caused factories to shut down for a bit. but when they came back their workers didn't want to come back because they were worried that they were gonna catch Covid. So as a result there were less products being made which meant that companies couldn't fully re-supply their stock which meant to keep up with supply and demand they increased their prices.
Wei Hao
10/17/2022 07:21:38 pm
The covid-19 pandemic affected inflation because all sale prices went up, especially toiletries. Also stores and factories and business had to shut down and when they reopened, the prices went extremely high. And apparently, $19.3 billion dollars to make the Covid-19 vaccine.
Ivan Chen
10/18/2022 12:47:44 pm
The pandemic had an impact on inflation since it caused prices to rise by roughly 8% when they would have otherwise increased by 1% to 2% annually. People are highly impacted by this since those with limited resources might find it difficult to purchase basic necessities. In the text it states that "This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things."
AiYuan
10/18/2022 02:23:44 pm
The pandemic affected inflation because factories around the world shut down for months. So now companies can't meet the demand of their products and prices go up. And because of this people struggle to get basic necessities. For example, "This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. "
Collin
10/18/2022 03:41:57 pm
The pandemic affected inflation by making prices go up and causing more inflation. This is because during the pandemic, factories were closed and people were buying more stuff. Therefore, the factories did not make enough supplies to meet the demand and caused prices to go up. For example, according to "Why does this stuff cost so much", "Factories Shut Down. During the Covid-19 pandemic, many of Nike’s factories closed for three months. This affected the supply of shoes available to stores and customers." This shows that supplies did not meet the demand and caused prices to go up.
Albert
10/18/2022 03:55:35 pm
The pandemic has affected inflation due to the drastic change in demand caused by the pandemic. When the pandemic started, many people social distanced from one another and avoided going outside as much as possible to avoid getting Covid. As a result, people didn’t buy as much clothes or use as much oil anymore. In addition, factory workers and other workers stopped working as to try to avoid covid reducing production efficiency. As a result, many resources were less in stock and many people aren’t buying as much as they did before the pandemic. After the pandemic calmed down and people started to go outside more often to play and buy what they need, the demand for many items rose quickly and there wasn’t enough stock to meet the demand. As stated in the article, “anytime the demand is higher than the supply, prices rise”, this increase in price everywhere is known as inflation. As the cost of something rise, things that need that special something as rises in price to make up for the change in cost for the material. For example, “everything made of plastic is partly made of oil… high oil prices make it more expensive for businesses to make their products. They also make it more costly for companies to ship orders to stores or your front door. Unfortunately, these extra costs get passed on to you”.
Matias Steiner
10/18/2022 04:52:54 pm
The covid-19 pandemic affected inflation because all sale prices went up and many people couldn't afford this inflation. Also, stores, factories, and business had to be shut down and when they reopened, the prices went extremely high and many businesses had to shut down because rhey couldnt afford this kind of money. It took $19 billion dollars to make the Covid-19 vaccine and many people have to pay for this so it doesn't really help. Due to this inflation, many people lost their jobs and now are on the streets of new york homeless and hungry.
Andrew
10/18/2022 05:30:26 pm
Thee pandemic affected inflation because in 2020 many people didn't buy as much so the factories shut down for months, but then in 2021 as life was returning back to normal people started buying more. As a result, the factories which were shut down for months couldn't keep up with the demand. When supply can't keep up with demand the prices rise. This caused many product prices to rise, and in addition with rising oil prices inflation rose. This caused most things to become more expensive. Like how the average family in the US would have to spend an average of $5,200 more just to buy what they did last year.
Helen
10/18/2022 05:49:53 pm
The pandemic had affected inflation as the demand for items was higher than the supply and the speed of creation for such items, heavily raising their price. For example, many factories were shut down and materials for making products became more expensive as there were less people or services providing them. Everyday objects such as food and gas also increased in price, causing the average U.S. family to spend $5,200 more than before the pandemic to buy the same things.
Lucas lin
10/18/2022 06:03:46 pm
Covid-19 affected inflation because when it came the factories that manufactured goods had closed down and when they reopened they could not meet with demands and because of that fact they had to bring the prices up. This meant that people had to buy things that used to be cheap for a higher price now. An example from the article says “ red-and-white Easton one that usually cost somewhere between $200 and $250… The price of the bat had jumped to $350.”
Ivan 820
10/18/2022 06:53:24 pm
The pandemic affected inflation because tons of factories shut down for a while from the cough cough which made it so companies couldn't get enough supplies for every customer. As a result, the prices go up because the demand was high. People have to pay more money to get the things they need. For instance, " People cut back on driving and flew less during the pandemic, so oil companies produced less oil. But now demand is up—and so is the price of gas. In June, gas was about $5 a gallon, which is more than double what it cost in September 2020." This shows how much the demand for oil is now.
Liam
10/19/2022 06:19:10 am
The pandemic made inflation rise because it affected workplaces, forcing factories and stores to shut down, and it made workers more expensive, and it decreased the production amount significantly. For example, In the article it says "During the Covid-19 pandemic, many of Nike’s factories closed for three months. This affected the supply of shoes available to stores and customers."
Mr. G
10/19/2022 06:50:25 am
I love reading these responses--keep it coming MAT!
Yonah S.
10/19/2022 08:00:43 am
The Pandemic caused inflation because the factories were shut down and when they opened back up, they had a hard time finding willing workers. People can't get what they need for their families to survive. For instance, the text states:"This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. "
milo
10/19/2022 10:58:39 am
Inflation has affected the us during the pandemic.During the pandemic prices of many things like gas went way .for example it said in the artical how the average u.s. family spends 5200 dollars more than last year on the same things.
Sophia
10/19/2022 11:35:57 am
The pandemic affected inflation since it rose prices by around 8% when it usually only rises by 1% or 2%. For example, in the article it says "In June, gas was about $5 a gallon, which is more than double what it cost in September 2020."
Sitong
10/19/2022 01:21:22 pm
The pandemic affected inflation because it caused many factories to shut down. When the factories reopened again, they were not able to meet the demand of their products. When their demand is higher than the number of supplies, prices rise up. This causes inflation and makes everything more expensive.
Lily
10/19/2022 01:58:44 pm
The pandemic affected the inflation because factories had to shut down. Due to this they struggled to get workers back when they reopened and once things started to get back to normal, people shopped more often. However, factories didn't make enough items before they shut down and as companies demand increased the prices would increase. But for families that struggled to make enough money they had to spend less on everyday items like clothing and groceries.
Mr. Piccigallo
10/19/2022 03:40:07 pm
These citations from the article are wonderful to see and the fact how many of you are understanding inflation is impressive! #MAT
Kimberly z
10/19/2022 06:13:23 pm
The pandemic affected inflation because when factories started to reopen, they didn’t have enough things being made to match the demand. For example in the article it states “ The production of cars, computer chips, and other products was halted.… As life returned to normal, they splurged on cars, clothing, and shoes.” This shows that more people were buying things but there isn’t enough workers to keep up with the demand.
lili
10/20/2022 11:05:28 am
the pandemic affects the inflation because since the factories were 10/19/2022 06:47:15 pm
The pandemic affected inflation because factories around the world shut down for months. So now companies couldn't produced the demand of their products and prices go up. The effect of this is prices going up and people having to spend more than what they can affrod. For example, "This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. "
Hawke
10/19/2022 06:49:00 pm
The main reason that pandemic effected inflation because of supply and demand. During the pandemic companies shut down their factory's but at the same time people were splurging and buying new things like cars, clothing and shoes. But the problem is that there was not enough product to meet the demand. The Pandemic caused inflation because the factories were shut down and when they opened back up, they had a hard time finding willing workers. People can't get what they need for their families to survive. For instance, the text states:"This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. " The pandemic affected inflation because during the start of the pandemic when cases started to higher, many store had to shut down or they couldn't get any money because a lot of people stayed in their houses when the lock down started. This also caused many people to lose their jobs and it was really hard to get money during the pandemic.
Maxwell
10/20/2022 06:27:51 am
The pandemic affected inflation because due to being under lockdown for like a year, factories and plants "not alive organism plants" had to start reopening slowly. Conversely, every country was opening back up at a different pace. Due to opening up at a slow time, imported goods can be brought to a halt, certain things that are important to us can be on a shortage like for example, if a certain country manufactures a certain good but is not ope to shipping to other countries like the USA, we will start to deplete all of those goods and end up being in a shortage, bringing up the prices of those goods when little amounts of them start coming back to the US.
Morgan
10/20/2022 06:36:23 am
The pandemic affected inflation because it caused stores to shut down for months which made it hard for the stores to get workers when they re-opened. As people were spending more, the factories couldn't make more products to the companies which caused prices to shoot up for the products. When more people wanted the products, that caused higher prices since the products became more wanted then before the pandemic.- Morgan The pandemic affected inflation because factories were shutting down and causing products to be delayed or stopped. For example,"Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise." This shows that prices of products are demanded because of the pandemic which spreads all over causing inflation that really was influenced by the pandemic.
Jin Lei
10/20/2022 06:42:24 am
The pandemic has cause the inflations to go up because it has gotten a lot of people job canceled and that also there is a war right now and they probably need the extra money for the war. The gas prices has gone up and that money more things too.
Jonathan carrillo
10/20/2022 06:43:52 am
The pandemic affected inflation because during the time in covid 19 everything was shut down for example restaurants arcades delis ect.
Sandra
10/20/2022 06:44:27 am
The pandemic has affected inflation because as covid cases rose, many factories shut down because of the decrease in products like computer chips and cars. According to the article, it states, "Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products." This shows that as this happened, many people worried about getting more food and started shopping a lot more. This, added with the lack of workers and products forced prices to rise.
Louis
10/20/2022 06:45:02 am
The Pandemic has affected inflation by shutting down factories, stopping the manufacturing of products. Once the factories started operating again, it was hard to get workers back to do their job. This caused a lower amount of products, as opposed to the amount of demand for the product. As a result, the price of the product would increase to match the supply prices or allow for a profit. For example, in the text it states, "Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise." Therefore, this shows that since the Pandemic caused factories to shutdown, they weren't able to manufacture as many products, as opposed to the demand for said products. This caused prices to rise to match for supply needs
Hui Zheng
10/20/2022 06:45:23 am
the pandemic caused inflation to sky rocket because many places have to close down like factories, which cause shoes like nikes to rise in prices because the factories that make them have closed down. anothe thing that the pandemic caused to inflation is that in the artical Nike has to buy supplies like foam, plastic, and mesh fabric to make "its shoes. Many of the factories making these items shut down too. This made the supplies harder to get and more expensive."
jaden c
10/20/2022 09:07:07 am
It all started with the Covid-19 pandemic, Factories around the world shut down for months. They stopped making cars, computer chips, and other products. When factories reopened, they had trouble getting workers to come back.
Theo
10/20/2022 09:10:24 am
The pandemic affected the nations inflation because it says in the text that during COVID-19 majority of factories and manufacturing companies were shut down leading to less and less supply of demanding objects and that led to the suppliers needing to raise their prices in order to actually make money, because the less of something there is the more valuable it is making it more expensive
Theo
10/20/2022 09:11:06 am
The pandemic affected the nations inflation because it says in the text that during COVID-19 majority of factories and manufacturing companies were shut down leading to less and less supply of demanding objects and that led to the suppliers needing to raise their prices in order to actually make money, because the less of something there is the more valuable it is making it more expensive.
ethan
10/20/2022 09:16:47 am
The pandemic affected inflation because they increase in prices go up by about 8 percent when it usually goes up by 1- 2 percent a year.For example in the article it states “ The production of cars, computer chips, and other products was halted.… As life returned to normal, they splurged on cars, clothing, and shoes.” This text evidence shows that people was buying things but there isn’t enough workers to keep up with the demand to pay.
Desire
10/20/2022 09:25:52 am
The Pandemic affected inflation deeply. It caused people to spend more money they wasted before the pandemic. for example, "As life returned to normal, they splurged on cars, clothing, and shoes. People actually shopped more in 2021 than they did before the pandemic." This piece of evidence really explains a lot. It's telling us that people had to spend more money in 2021 for many reasons. Since we were in the pandemic everyone was always in their house, they only went out for food and important things. meaning since nobody went outside and used there clothes. Most people gained weight and couldn't fit them anymore meaning they'd have to buy new ones. To add on since the prices of literally everything has been rising clothes causing more clothes to be expensive. Don't think that so many people spent more in 2020 because they didn't. In 2021 - 2022 the prices went up by 8%.
Katelyn
10/20/2022 09:52:39 am
The pandemic affected inflation because quarantine forced the vast majority of people to remain at home, effectively cancelling nearly all forms of manual labor, and thus decreasing supply. Less supply did not line up with the increasing demand for toiletries and therefore raised prices. Raised prices meant more money was needed, and the rest is history.
Lili
10/20/2022 10:31:16 am
The pandemic affects the inflation because the factories shut down for a lot of months and it was harder to get workers and when they re-opened people were still buying a lot of items and this affect them because even tho people buy a lot of items the factories couldn’t afford more items to people buy
Lili
10/20/2022 10:35:54 am
The pandemic affects the inflation because since the factories shut down for a lot of months it was harder to get workers when they re-opened and even tho when they re-opened people buy a lot items the factories couldn’t afford mor items for people to buy
Casey
10/20/2022 10:36:23 am
The pandemic affected inflation by factories being shut down and when the factories reopened, workers wouldn't come back. Also, people were buying new things such as computers, cars, clothing, and more. In addition, because factories were shut down, the amount of stuff being made wasn’t a lot and companies couldn’t meet the high demands for their products. The more people demanded and it was higher than their supply, the prices went up. Another reason for inhalation was the price of fuel. During the pandemic, driving and flying was cut back so oil companies didn't make much oil. Now, the demand is up and so is the prices for gas.
lili
10/20/2022 10:57:29 am
the pandemic affects the inflation because since the factories were closed for a lot of months during the pandemic when they re-opened
lili
10/20/2022 10:59:00 am
pandemic
lili
10/20/2022 11:14:22 am
The pandemic made inflation rise because it affected workplaces, forcing factories and stores to shut down and when they re-opened they couldn't afford the supplies for example on the document any of Nike’s factories closed for three months. This affected the supply of shoes available to stores and customers.
lili
10/20/2022 11:15:41 am
he Pandemic caused inflation because the factories were shut down and when they opened back up, they had a hard time finding willing workers. People can't get what they need for their families to survive. For instance, the text states:"This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things."
TENG Z
10/20/2022 11:24:31 am
Pandemic Problems
Teng Z
10/20/2022 11:28:00 am
Pandemic Problems
Louis
10/20/2022 11:57:44 am
The Pandemic affected inflation by halting the manufacturing of products in factories. This caused higher demand for certain products. However, the pandemic halting the manufacturing of products made it so that the products weren’t being manufactured nor were the workers doing their job, as it was difficult to get factory workers back to doing their job. As a result, the demand for products, raised the value of said products, and the supplies needed for the products. Evidence for this is, in the text it states, “Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise.” Therefore, the Pandemic affected inflation by raising the value and demand of products caused by the lack of manufacturing products.
Alex Yang
10/20/2022 01:44:51 pm
Pandemic has affected Inflation since the pandemic has caused factories to close down which halted production of many products, and even when those factories reopened, workers did not want to come back. In Addition, people were still buying items during the pandemic, and after the pandemic, people bought significantly more stuff compared to pre-pandemic times. So, essentially, since the factories shut down, and lack of workers, less items were being made in factories, and since there was a lot of people buying those items, there was demand, and since supply was low, and since anytime when there is more demand than supply, the price tags increase, and that essentially means more holes burnt in your wallet and people have to pay more.
Samantha
10/20/2022 01:46:32 pm
What impact had the pandemic have on inflation? Well, this happened when COVID-19 started a pandemic and factories from all around the world started shutting down while a lot of people lost their jobs. Because of the shut downs, the companies didn't have enough stuff being made to ship out. Therefore, the companies couldn't meet their standards and because of that, inflation started and raised the prices for supplies.
Kevin
10/20/2022 01:51:10 pm
The pandemic affected inflation because it cause store to shut and and when they reopen there no enough worker to support the demands so they rise the price. A example of this is oil, during pandemic nobody use gas but now more people are using oil and the company can’t keep up with the demand so they rise the price.
Sandra
10/20/2022 02:00:46 pm
The pandemic has affected inflation because as covid cases rose, many factories shut down because of the decrease in production of cars, computer chips, and other products. According to the article, it states, “Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products.” This showed that many people were also scared and started shopping a lot more. This mixed in with lack of workers ultimately forced prices to increase.
Jayden
10/20/2022 02:46:25 pm
The pandemic has affected inflation because during that time, many people didn't want to go into work. In addition, oil production had decreased because people stopped traveling. In September 2020, the average gallon was 2.21 dollars. But today, since people started traveling again and need fuel. Since there was so low supply and such high demand, the prices increased to about 5 dollars.
Jason L.
10/20/2022 02:52:42 pm
The pandemic heavily affected inflation as the increase in inflation went up by about 8 percent instead of about 2 percent in other years. This affected everyone because people will struggle buying the usual since their money may not be fit for the new prices. For example, the article states," This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things." This shows that more people will end up in the lower class and not be able to survive off less products.
Jayden
10/20/2022 02:53:27 pm
The pandemic has affected inflation because nobody wanted to go into work because they were scared of getting sick. Because of this, nobody went into work and there was no production. The prices of fuel had also decreased because since no one was traveling, there was not a need of fuel. But today, since people had started to travel again, the demand for fuel rose and since there was so little supply the price of fuel had also rise.
830 - Ivan
10/20/2022 03:22:35 pm
The pandemic has affected infaltion by causing people to stay indoors due to the fear of getting infected. People staying indoors would lead to items and/or resources to not be bought. In addition to products not being bought being on of the causes for factories and companies to shut down, the pandemic would also be a cause for factories and companies to shut down. With all this occurring, when people start to go outdoors once again, products and/or resources would be high in demand and with the factories and companies producing the products shutting down, inflation would come in and make products more expensive in order to keep those products in stock.
Jamin
10/20/2022 03:52:22 pm
The pandemic has affected inflation due to their factories being shut down for long periods of time. After the pandemic, people began to spend more than usual, which made them have a higher demand, and since the factories didn't have much workers to produce the products that were needed in time, they couldn't meet the demand, causing prices to go up over time.
Christopher
10/20/2022 04:11:43 pm
The pandemic has affected inflation because as COVID-19 began to shut down most manufacturers, the supply of items started to thin out. However, customers still purchased lots of products even when factories could barely supply them. This causes the supply to demand ratio to be unbalanced, which is then followed by inflation. Moreover, during the pandemic, oil wasn't a necessity as much as before, so oil manufacturers cut down on oil production. Yet after the pandemic, people started to travel and drive again, which spiked up the demand for oil. Therefore, inflation of regular products and oil had begun because of the complicated impacts of the pandemic.
Anni
10/20/2022 04:22:49 pm
The pandemic affected inflation because factories had to close down for months so they couldn't reach the demands when they reopened. When demands are higher than the amount of supplies, the prices will rise. This caused people with lower income to have difficulty buying basic necessities. For instance, "The average U.S. family will spend about $5,200 more this year compared with last year—just to buy the exact same things".
Victoria J.
10/20/2022 04:26:12 pm
The pandemic affected inflation because most prices increase due to stores closing down when the pandemic started, many factories shut down. Based on the article, it states, "Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise." This shows how the pandemic affected the economy because everything has increase by 8% in one year while it usually only increases by 1-2% each year!
Lucas R.
10/20/2022 04:40:29 pm
The pandemic has affected inflation because no one wanted to work due to covid-19. In addition factories were closed which caused prices to shoot up as demands were higher but the stock was lower. furthermore gas was not needed during the pandemic and was not heavily produced, therefore after the pandemic was over the gas shot up as more people needed gas.
jing
10/20/2022 04:48:49 pm
how the pandemic affected the inflation is everything it affected everything one example is in the artical it says Bryson Nowakowski wanted to buy a new baseball bat. He picked out a shiny red-and-white Easton one that usually cost somewhere between $200 and $250.
Tre Williams
10/20/2022 04:49:41 pm
The pandemic affected inflation because it caused everything to stop. When it started back up again, there was more demand for things than what the companies could make. The prices went up as people bought more. Like with the Air Force One shoe how the prices went up after the factories didn't make any for 3 months during the pandemic.
Ella
10/20/2022 04:50:04 pm
The pandemic has affected inflation by causing many factories, stores, and shops to shut down/go bankrupt. As a result, due to insufficient goods being made; Companies couldn’t satisfy the demand for their products. In addition, As the demand gets higher than the supply being created, the original price increases. This claim is supported by the new prices for oil, groceries, etc.
how the pandemic affected inflation is everything that in the artical it states Bryson Nowakowski wanted to buy a new baseball bat. He picked out a shiny red-and-white Easton one that usually cost somewhere between $200 and $250.
Jordan
10/20/2022 05:38:39 pm
The pandemic has affected inflation because covid caused factories to shut down for months and when it did open, workers werent coming back. Also because of the shutdown there wasn't enough things being made so they had to raise prices causing families to spend an extra 5200 dollars
830 - Ivan
10/20/2022 06:49:40 pm
The pandemic has affected inflation by causing people to go outdoors less to buy products. It had also affected inflation by generally just making factory and company workers not be able to go outdoors to work, causing many factories and companies to shut down. This would make it so when the pandemic starts to be less of a problem and people start going outdoors again, people will start to go buy products, resulting in products being high in demand, making it so inflation would have to come to play, making those products cost more since they're in such high demand and there needs to be a stock of those products in order keep them high in demand.
victoria
10/20/2022 06:53:21 pm
The pandemic has affected inflation because many people had used more money to buy on living resources and the year 2020 had been extremely high and it tends to be spent more than the previous years for the same things.for example the article explains that," They already spend most of their income on basic needs such as food, gasoline, and housing. This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. " this represents that many american families had to use extra money in the pandemic to buy the same thing from the previous years and the pandemic affected inflation.
victoria
10/20/2022 06:54:25 pm
The pandemic has affected inflation because many people had used more money to buy on living resources and the year 2020 had been extremely high on the prices rising and it tends to be spent more than the previous years for the same things.for example the article explains that," They already spend most of their income on basic needs such as food, gasoline, and housing. This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things. " this represents that many american families had to use extra money in the pandemic to buy the same thing from the previous years and the pandemic affected inflation.
Ty F
10/20/2022 07:10:39 pm
I believe that all the inflation started rising faster when the pandemic. Lots of people were not using their cars so gas prices rose so that the gas stations can pay for their gas. Another reason why inflation rose was when the USA started to support Ukraine with food. Inflation also happened because the demands of supply increased.
Eddy Chen
10/20/2022 07:29:44 pm
The Pandemic affected every one and inflation. People don't want to go out with a sickness is still around and working. With the pandemic factorys stop for months and no one working so this can affect every. Like in the past The great Depressiton witch is the same thing un enpolyment and money. 10/20/2022 08:21:19 pm
The pandemic affected inflation because when factories started to reopen, they didn’t have enough things being made to match the demand. For example in the article it states “ The production of cars, computer chips, and other products was halted.… As life returned to normal, they splurged on cars, clothing, and shoes.” This shows that more people were buying things but there isn’t enough workers to keep up with the demand.
Yu Fei
10/21/2022 03:53:12 am
The pandemic affected prices by shutting down factories and getting rid of workers. Thus, after factories reopened, supplies were low so products were harder to be mass produced. Because the supplies needed to make the products also got more expensive so does the products.
Bowen
10/21/2022 04:54:00 am
The pandemic affected the price of everything because it forced factories to shutdown. The production of many things came to a halt, and after reopening, not many people came to work. With not enough stuff produced and people spending more than usual and shopping more; the prices went up. The price of fuel got more expensive too. People didn’t drive and fly a lot so companies produced less oil but now demand became higher. This affected a lot of families. For example in the text it says “This year, the average US family will spend an extra $5,200 compared with last year—just to buy the exact same things.”
Val
10/21/2022 04:54:44 am
The pandemic affected inflation by forcing companies to shut down their factories and stop producing the products that they were selling. Since the factories were not producing their products, the demand for those products increased. The rise in demand pushed companies to raise the prices on the items that they were selling. Even after life returned to normal, companies still had trouble with getting people to work in their factories. This caused the demand for the items to increase even more than it should have.
Selina
10/21/2022 05:09:38 am
The pandemic affected inflation by causing factories around the world to shut down because of Covid. Since the factories shut down, the stuff they sold were soon to sell out, with the high demand and the factories not producing the product the prices raised.
Ellis
10/21/2022 06:04:51 am
The pandemic greatly affected inflation because it normally goes up by around 1-2% but the pandemic made it go up by way more. For example, according to the article inflation went up by around 8% in the first half of 2022.
Harrison
10/21/2022 06:58:49 am
The pandemic affected inflation because since everyone was either sick at a hospital or staying at home trying not to get sick, no one was really working that much. Also after the pandemic most people lost their jobs and they had to get new ones which was hard but they needed a job to provide for themselves and their families.
Liann Fan
10/21/2022 08:18:42 am
The covid 19 pandemic infected inflation making lots of factories around the world to shut down, which also made it hard for factory workers to come back when they re-opened. For example, "As life returned to normal, they splurged on cars, clothing, and shoes. People actually shopped more in 2021 than they did before the pandemic." Because of this, there was a shortage of a lot of products as companies couldn't supply more products, which made the prices higher in demand.
Abigail
10/21/2022 08:33:25 am
Inflation rose 8% after the pandemic because the factories ran out of supplies to make what they make. The price of gas is now $5 a gallon. Oil prices that are higher companies had to make their prices higher so the company could buy more supplies. Makeup, shoes, and smartphones are made of oil. This affected people because even with a job the amount of money they got paid didnt change.
Elena J
10/21/2022 09:12:12 am
The pandemic affected inflation because it shut a lot of companies down causing them to "restart" when COVID was dying down because they had to get supplies. As a result, companies need to gain the money back that they lost during the pandemic or are losing due to having to pay for more and they are gaining that money back by increasing the price of their items and therefore getting a higher profit.
Jaken
10/21/2022 09:14:00 am
The pandemic affected inflation in many ways, for example, the sheer amount of toilet paper that was being bought because of the human fear of the virus, and how production would be stopped. So due to some of these worries, the production people could take advantage and really raise the price of everything and sort of 'ensure' that the people would buy their products because the fear of getting sick and staying at home for long periods of time. But after the pandemic, the prices are still high, why? Because the companies have no reason why to lower it back to the normal price, they have a high price, so lowering the price just a few cents seems like a great deal, when in reality the price is like 7% higher than the regular prices. In this case, oil prices are 48.7% higher, this is because people didn't want to use oil, so ordering oil was lessened. But now, since everything is almost back to normal, every gas station raised the price sky high.
Alex k
10/21/2022 09:25:38 am
The pandemic affected inflation because of supply and demand and also because no one could go into work.
Vincent
10/21/2022 10:26:10 am
The pandemic effected inflation because inflation went up 8 percent during the pandemic vs the normal 1-2 every year.This is because no one was going to work and production slowed down because of it meaning the prices of everything had to go up. Further more the article says “ This year, the average U.S. family will spend an extra $5,200 compared with last year—just to buy the exact same things.” This shows how because of this year everyone’s cost of living has gone up by a big amount
Andy
10/21/2022 11:17:08 am
The pandemic has affected inflation by making the price higher because of the pandemic, many people have to quit their jobs which means that if no one is working then nothing will be produced which means the pandemic caused a pause in the factory industry. It's also like nature; if one species is at a verge of extinction then the predators will have a hard time surviving and this disrupts the food chains." Here’s the problem: Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise."
Desire
10/21/2022 11:41:36 am
The pandemic affected inflation. One reason how the pandemic affected inflation is factories shutting down. People would go out to get a few things and couldn’t find some of the stuff they were looking for because the factories and companies were not supplying those things. For example, “Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise.” This shows that factories couldn’t meet the demand of their supplies they were trying to make/sell. There companies couldn’t sell the produce, clothes, shoes, etc they were trying too since the factories weren’t making them.
Willa
10/21/2022 12:23:18 pm
The pandemic affected inflation because when no one went to work there was no production. So when no when was using there cars they didn’t need gas so the price decreased it now people need it so there is a higher demand for it. The pandemic affect inflation by making production buildings stop working and was facing difficult to get people back to work. Meanwhile, people were buying products at the same time, so they have to make the price more expensive. Another reason the pandemic affect inflation is the oil was also producing less because cars were use less. But, the problem is that oil was used to make a bunch of products making the price go higher. One example is the production of cars, computer chips, and other products was halted. When those factories reopened, they faced difficulties in getting workers to come back.
Sammy
10/21/2022 05:51:17 pm
The pandemic greatly affected inflation because it ceased many factory's production. Thus, the items value had to increase in order for the business to actually make profit.
alfred
10/24/2022 08:22:50 am
The pandemic affected inflation because after the factories shut down during the pandemic, it was hard to find workers to work in things like factories.also people want to buy stuff so that is causing the rise in prices.
Seviana
10/24/2022 08:23:28 am
The pandemic affected inflation because factories had to shut down so when they re opened it was harder to find employes so stuff wasnt being made so they couldnt meet the compnies demands which made the prices go up. "Companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices go up."
Ty
10/24/2022 08:23:29 am
The pandemic affected inflation because it made it more difficult to make many products because there were restrictions stopping people from making the same amount of products. Then the sellers had to raise their prices because they had they had to earn around the same amount of money they did in years prior to the pandemic. One example is the air-force 1s. The restrictions on factories caused production to be slower and less shows were made so they had to change it from $90 to $110.
Austin
10/24/2022 08:33:12 am
The pandemic affected inflation by shutting down many factories and people shopped more so there was high demand yet low supply and so the prices exploded, for example, "Because of the factory shutdowns, there wasn’t enough stuff being made, and companies couldn’t meet the demand for their products. Anytime the demand is higher than the supply, prices rise"
Justin
10/24/2022 09:01:31 am
The pandemic affected inflation because during the pandemic, the people weren't able to do business outside due to the restrictions, making the people not able to earn money during the pandemic. So when the restrictions ended, the sellers have to raise the price in order to get the money back from what they lost in the pandemic. This pandemic caused the economy to stop for about 1 year.
Seralyn R.
10/24/2022 09:03:38 am
The pandemic affected inflation greatly because factories shut down so it was hard to make more products
Esmeralda
10/24/2022 09:34:31 am
The pandemic affected inflation because it caused factories to shut down for months, which made the production of many things used in everyday life like cars, computer chips and other things. One example from the article is that the factory shutdowns caused stuff to slow down on their production and nothing was being made, and companies couldn't meet the demand for their products.
Tyana
10/24/2022 04:38:00 pm
The pandemic affected inflation because since the factories had to closed down it made businesses go slower and not much money was being made
Julian R
10/26/2022 07:25:33 pm
The pandemic caused the rise of multiple items to rise in cost due to the increasingly high demand of the items, such as toilet paper or bread, eggs ,milk. Things that people would consider a necessity. The next thing to inflate was gas people would spend less than 100 dollars a week no you can spend than that in one day. The nation also called down 15,000,000 barrels of oil from the national reserve. Then the stocks started to go down and then , that's when speculation a national recession .came into play. recession.- In economics you have the busines cycle and when everything starts to decline at high rate, this is triggered by a major decrease in spending , which is normally caused by a financial crisis or a natural disaster in our case covid - 19.
Justin
3/6/2023 09:21:27 am
The pandemic affected inflation because when Covid-19 came in, people aren't able to go outside to buy their own food. And because they're not able to buy these items, their demand would increase which would be harder to get because not a lot of people have a lot of money. Your comment will be posted after it is approved.
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