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To the top there is an open end. See the living of Hollywood stars with private airplanes and yachts.
The standard of living refers to the quality and quantity of goods and services available to people, and the way these goods and services are distributed within a population. It is generally measured by standards such as income inequality, poverty rate, real, i.e. inflation adjusted income per person. Other measures such as access and quality of health care, educational standards and social rights are often used as well. Examples are access to certain goods, such as number of refrigerators per 1000 people, or measures of health such as life desires. It is the ease by which people living in a time or place are able to satisfy their wants.
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Which of these is not a result of regional conflicts and civil war?
improved standard of living
What happened to the standard of living for workers in the western world as a result of industrialization?
The people migrated
What is resettlement of people?
Resettlement is a process that helps people mitigate the effects of displacement on their standard of living.
The standard of living in the Soviet Union remained very low as late as which decade?
The 1930's
Why did the US claim to fight for democracy in the World War 1 when there was still inequality at home?
Democracy does not necessarily mean equality. The poor man's vote is equal to the rich man's vote, but his income and standard of living is not.
What is the standard of living in Ethiopia?
Generally poor, subsistence level at best.
What is the best measure of a nation's standard of living?
GDP per capita
Which kind of economic system is best for raising a country's standard of living?
it would be
What is the best measurement for comparing the standard of living between two countries?
The best measurement for comparing the standard of living between two countries is the GDP in conjunction with the economic growth. GDP stands for Gross Domestic product.
How is a person's standard of living measured?
standard of living & reputation
What is Canada's standard of living?
The standard of living in Canada is moderate
How do people determine which country has the best economy?
D. Standard of living is usually used to determine the best economic system.
What is a sentence for the standard of living?
The standard of living can happen in Mexico City.
How do computers improve the standard of living?
Computer's are the new standard living
What is western Europe Standard of Living?
has a high standard of living.
Where is the highest standard of living in the Europe?
The highest standard of living in Europe is MonacoImproved : Norway has the highest standard of living in Europe and the World... If Ranked by the UN.. Monaco would have the 23rd highest living standard in the world.
How do economists measure a nation's standard of living?
Economists measure a nation's standard of living: by calculating GDP per person by calculating per capita income (the best indicator) by calculating average personal income.
