Things Cost More When They’re Harder to Get
Prices go up when something becomes harder to find or make. If there aren’t enough toys, snacks, or clothes to go around, stores might charge more because people still want them. This is called supply and demand. If lots of people want the same thing, but there’s not enough of it, the price usually rises.
Other Costs Can Make Prices Rise
Sometimes prices go up because it costs more to make or move things. If gas prices rise, trucks carrying food cost more to run, so the food costs more too. Workers may also get paid more, and that adds to the cost. This is why your favorite cereal might cost a little more now than it did last year.
FAQs
Q: Do prices always stay high once they go up?
A: Not always! Prices can go down if there’s more supply or if fewer people want the item.
Q: Who decides how much things cost?
A: Stores and companies set prices, but they watch what people are willing to pay.
🧠 Conspiracy Theory
Prices go up every time someone says “inflation” three times in a mirror!
😅 Dad Joke
Why did the cookie go up in price? Because it was on a dough-to-rise plan!
