Fasting

abstention is the theme of fasting, but Muslims tend to spend to a gr go througher extent during the fasting month of Ramadan. Although Muslims are required to fast -- to quit from eating, drinking and sexual relations -- from dawn to dusk, they tend to eat more from dusk to dawn. At least, they prepare more scrumptious meals, with more variety -- and thus more expensive -- for their geological fault of the fast. Aside from pabulums, Muslims spending on other reliables and go in any case rises during the fasting month and for Idul Fitri, the end of the fasting month celebration. more than people buy new clothes for themselves and for their families and most lead to their hometown at the end of the fasting month to celebrate Idul Fitri with their relatives. In the end, Muslims simply spend more during the fasting month and Idul Fitri. Because of these higher(prenominal)(prenominal) spending needs, all employers are required by justness to pay an extra Idul Fitri bonus to their employees. Increased demand for goods and services during Ramadan creates economic dynamism. Those working in the food and beverage industry, textiles and garments as well as the transportation sector, directly benefit from this increase demand. Many businesses prosper during Ramadan and Idul Fitri. Rising demand for goods and services is good for the economy. It drives growth.

But, it is worrying that the furnish side of the economy often cannot forgather these sudden, but anticipated, increases in demand. Because of constraints on the supply side, which cannot adjust easily to sudden increases in demand, the Ramadan and Idul Fitri celebrations traditionally result in higher inflation. The challenge for everyone responsible for economic management is to identify these supply constraints and to help address them. Last year, there were bottlenecks in the supplies of food related products, especially cooking oil and sugar. As a result prices skyrocketed and this pushed up the consumer price index, and the inflation rate. This year, we are... If you want to attempt a full essay, order it on our website: Orderessay

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