You could hear it on mainstream radio in 1978, courtesy of The Police, and if you're in Britain, you can hear it on the airwaves today, in the music of Birmingham-born MC Lady Leshurr: reggae's influence on British music.
Since civil war reduces the productivity of factors in production, this lowers the. rate of return on investments made in the domestic economy. Further, the destructive eï¬ect of. civil war increases the rate of depreciation. Again, this reduces the rate of return on domestic. investments.
Some of the major effects of inflation are as follows: 1. Effects on Redistribution of Income and Wealth 2. Effects on Production 3.Other Effects! Inflation affects different people differently. This is because of the fall in the value of money.n this way, they may be able to protect themselves from the bad effects of inflation. But the problem is that there is often a time lag between the raising of wages by employees and the rise in prices. So workers lose because by the time wages are raised, the cost of living index may have increased further.