In economics, deflation is a decrease in the general price level of goods and services.Deflation occurs when the annual inflation rate falls below zero percent (a negative inflation rate), resulting in an increase in the real value of money – allowing one to buy more goods with the same amount of money. We think that deflation can help society to full fill their needs because the price of the product will be decrease. But, deflation also can make society get big depression because their wages will be decrease and the amount of money circulation also will be decrease.(Source : Wikipedia)
Because deflation give positive and negative impact of economic, it make our group interested in to discuss about it more...
To know how to make a good decision when deflation happen, or in the other words, how to minimize the negative impact. So, it's the reason of our group why we choose the deflation.
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