Broadly speaking they are better off. The European Union brings a lot of benefits. This is why many of the countries of Europe have joined the European Union. It was founded in 1957, then known as the European Economic Community, by 6 countries. It now has 27 members, which is just over half of the countries in Europe.
For Better or Worse - 2011 Off the Hook 2-22 was released on: USA: 21 September 2012
If all companies had an objective of maximizing shareholder wealth would people overall tend to be better or worse off?
Worse. It was a fiasco that did nothing but tear up lives.
Two unllkes make negative, two likes make a positive. If I GIVE you a DEBT then you are worse off (+-). If I take the money in your pocket you are worse off (-+). If I take away your debts you are better off (--). If I add money to some you already have you are better off (++).
Consumers would be better off without intermediaries. Intermediaries lead to the unnecessary increase in the prices of consumer products and services.
The expanding economy benefitted members of the emerging elites and their political allies ,but most Europeans became worse off as prices rose faster than wages.
It would be better. But the ratio should not be very opposite.
When no one can be made better-off without making someone else worse off.
There may have been a few African Americans who were better off after the Reconstruction but the majority of them were worse off. While they were technically "free", they were treated as second class citizens. Most of them were released from their lives as slaves and found themselves without shelter and food.
They really were worse off in some ways. This was because they were discriminated against, robbed, and sometimes killed, by people who did not think they deserved freedom.
Then A is better off than he was before he met B. Unless, of course, B is a loan shark - in which case A might be worse off.
Pareto efficiency refers to a situation where resources are allocated in a way that no individual can be made better off without making someone else worse off. In contrast, Pareto inefficiency occurs when it is possible to make at least one individual better off without harming another, indicating that resources are not being used optimally. A Pareto improvement is a change that makes at least one person better off without making anyone else worse off, moving the situation closer to Pareto efficiency.