Prohibitive cost of goods and services
- Over-priced goods and services
- Inflated prices of goods and services
Nature
Because of high material and labour costs in countries producing goods, the base costs within price schemes are also high. This results in limited market access, since a number of countries do not have adequate buying power. Future development is geared towards the production of the goods which countries can afford to buy; and some parts of the world either do not get the goods that they need or else pay more than their buying power justifies.
Broader
Narrower
Aggravates
Aggravated by
Reduced by
Strategy
Value
Reference
SDG
Metadata
Database
World problems
Type
(D) Detailed problems
Subject
Content quality
Presentable
Language
English
Last update
May 20, 2022