What is the difference between inflation and deflation

Inflation refers to rise in price of goods and services.

Deflation refers to decrease in price of goods and services.

Explanation:

Inflation:

Inflation refers to rise in price of goods and services.

This occurs as a result of increase in demand of goods, due to which it's availability decreases and as a result price increases.

Deflation;

Deflation refers to decrease in price of goods and services.

This occurs as a result of decrease in demand of goods, due to number of goods available in the market increases and as a result price decreases.

earlier philosophers whose work influenced the enlightenment included bacon, descartes, locke, and spinoza. the major figures of the enlightenment included beccaria, diderot, hume, kant, montesquieu, rousseau, adam smith, and voltaire. it spread the ideas of the enlightenment across europe and beyond.