Question

Many foods like meat, eggs, soda, butter, beer have gotten cheaper in the past 50 years, where fruits and veggies are getting more expensive. Why has this happened?

Answer 1

The prices of meat, eggs, soda, butter, and beer have become cheaper in the past 50 years, while fruits and veggies have become more expensive. This can be attributed to factors such as global food prices decrease, government policies and subsidies, and changing dietary preferences.

Step-by-step explanation:

The prices of certain foods like meat, eggs, soda, butter, and beer have gotten cheaper in the past 50 years, while fruits and veggies have become more expensive. One reason for this is that global food prices, in general, have decreased since 1875 due to an increase in food per capita. Additionally, government policies and subsidies make corn-based products cheaper, resulting in relatively higher prices for fruits and vegetables. Another factor is that as incomes rise, individuals tend to consume more calories from fats and protein and fewer from carbohydrates, which impacts the demand for different types of food.