In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.
Foreshore land is a part of the shore, which is alternately covered and uncovered by the ebb and flow of the tide while on the other hand, marshy land is a wetland whose soil is permanently or protractedly saturated by water and whose vegetation is dominated by grasses or sedges.oastal areas all over the Philippines are being developed rapidly since people like to live and do business near the sea. The consequences is that beaches and foreshore land areas are in demand and are being utilized for industry, construction, dumping, boat landings, recreation, habitation, and many other uses.
Economic development. Economic development ideally refers to the sustained, concerted actions of communities and policymakers that improve the standard of living and economic health of a specific locality.he terms economic development and economic growth are used interchangeably but there is a very big difference between the two. Economic growth can be viewed as a sub category of economic development.