Nguyễn Hà Khanh - PĐP

It is undeniable that the standard of living considerably increases within years.

There are several impacts on the community and the inhabitants of this alarming
trend, but measure could certainly be taken to tackle the issue. My essay will
elaborate on effects and solutions to this increasing problem.

To commence, it is evident that hardly high living expenses are beneficial to the
citizens. Apropos of excessive taxes, the public tend to work overtime with a
view to fulfilling their families’ requirement for life. The trouble is, despite
earning a minority amount of money by means of extra hours, they might suffer
from health problems such as serious headache or stroke due to the fact that
those employees spend a small quantity of time cultivating a healthy lifestyle.
Then come an exorbitant cost of prescription drugs, as it is necessary for the
workers to purchase medicine with the aim of improving their health conditions.
However, the government could mitigate adverse impacts by reducing tax
which is applied on products and service. For example, many car companies are
likely to raise their items’ price to receive more profit, the local authorities
should alter a reasonable one and impose a punishment for these establishments.

Furthermore, it is pointed out that expensive cost of living would cause harm to
underprivileged members of the society. It is no more difficult for impoverished
children to have access to education owing to the exclusive tuition fees.
Therefore, there is no doubt this can lead to spoiled teenagers and illegal
activities since they are unable to pay for basic needs. In order to address the
situation, effective approaches should be immediately implemented. New
institution should be constructed so that job opportunities could be offered to
impoverished families in case of unemployment.

In conclusion, it has been shown that the increased number of living expenses is
causing many issues at a greater extent. Although there are some possible ways
that can be implemented including decreasing taxes and providing job positions
to the community in attempt to reduce negative sides.