Financial literacy club of Don Bosco Higher Secondary School, Panjim released a reel on inflation.
By Sam Afonso
Financial literacy club of Don Bosco Higher Secondary School, Panjim released a reel on inflation. Inflation is an increase in the money supply causing the consumer price index to increase. To be noted that when the general price level increases, each unit of a currency buys fewer goods and services. It corresponds to a reduction in the purchasing power of money.
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The objective of the reel was to provide fundamental knowledge on inflation. It provided specific knowledge on inflation through a simple act composed and circulated as a reel.
The participating students got to learn the concept of inflation and successfully put the information together in an attempt to provide knowledge to other viewers. The link was uploaded on the official Instagram handle of the school on 7th September, 2023
