Dear MEL
Topic Readers,
How fast
food reveals secrets of the economy
Comparing
the prices of the same goods, food or service, you can learn the economy of the
marketplace. For example, the prices of a train ride and a slice of pizza in
two different times could reflect the scale of inflation or deflation during
the period. Another example is that the amount of French fries one country
consumes. Because French fries are usually not local food and provided at fast
food restaurants, it shows how much middle-class population has been created in
the market. Also, the price of the same burger at the same restaurant chain in
different countries is a good indicator of the currency value.
Next
time you travel abroad, have a cup of Starbucks coffee and compare that price with
the one of you your country or with other local meals of the country, you’ll
learn how much value is added to a cup of coffee.
Enjoy
reading and learning how to check the economy by food prices and menu.
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