Economics question
In canada How superstore , insta cart, in app shopping all price in crease when social assistance, pension, child tax are all issued so the indigenous people that are under poverty level are marginalized and don’t have access to proper services. What can be done to change this,? Hlwhat effects it has?
Sample Answer
Social assistance, pension, and child tax benefits play a vital role in supporting low-income individuals and families, including many Indigenous people in Canada. However, the observation that prices tend to increase around the time these benefits are issued is concerning and suggests potential predatory pricing practices that disproportionately impact vulnerable populations.
To address this issue, several steps could be taken:
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Monitor pricing patterns: Implement a system to monitor and track price fluctuations, particularly around the time of benefit payouts. This could involve collecting data from retailers and comparing prices across different stores and online platforms.