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In 2022, many developed economies experienced a cost of living crisis due to the lingering economic impacts of COVID-19 combined with global instability caused by

In 2022, many developed economies experienced a cost of living crisis due to the lingering economic impacts of COVID-19 combined with global instability caused by Russia invading Ukrainian territory. High rates of inflation were experienced across the United Kingdom, Germany, Italy, Turkey, the United States, as well as the rest of the world. Food and energy prices skyrocketed. For many people, it was a time of __________. In 2022, many developed economies experienced a cost of living crisis due to the lingering economic impacts of COVID-19 combined with global instability caused by Russia invading Ukrainian territory. High rates of inflation were experienced across the United Kingdom, Germany, Italy, Turkey, the United States, as well as the rest of the world. Food and energy prices skyrocketed. For many people, it was a time of __________. Social stratification Social inconsistency Horizontal mobility Downward mobility

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