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Remain stable
What else can I help you with?
What must happen in a nations economy in order for the standard of living to improve?
it must grow through innovation
Discuss the factors which determine the standard of living in a mixed free enterprise economy?
In a miled free enterprise economy each worker believe that he has the ability to improve his standard of living by hard work. Because of the promise of a better life through hard work, the standard of living is, indeed, improved. With the improved standard of living the economy improves. They feed off each other, and the cycle continues to improve.
Declared that communism for the Soviet Union improve his nations standard of living and called for peaceful coexistence with western countries?
Nikita Khrushchev
How do computers improve the standard of living?
Computer's are the new standard living
Why is the standard of the living different in different countries?
As with individuals, nations have different amounts of wealth, and even if the wealth is fairly distributed, there will and is considerable differences in the standards of living among the several hundred nations in the world. As mentioned, regarding fairness of distribution, the standards of living can be different based on non subjective reasons. A nation that is rich in Natural Resources and can export these as well as use them internally to their best advantage will help lift the standard of living. A nation with a sound economic system will also help its standard of living. Another factor is the education level of a nations citizens. Generally the higher the level the higher the standard of living. A politically stable nation is best for a sound economy. Nations in the midst of civil strife and civil wars hurts its economy and helps lower its standard of living.
What is the most important reason why two country's with the same GDP can have vastly different standards of living?
As with individuals, nations have different amounts of wealth, and even if the wealth is fairly distributed, there will and is considerable differences in the standards of living among the several hundred nations in the world. As mentioned, regarding fairness of distribution, the standards of living can be different based on non subjective reasons. A nation that is rich in natural resources and can export these as well as use them internally to their best advantage will help lift the standard of living. A nation with a sound economic system will also help its standard of living. Another factor is the education level of a nations citizens. Generally the higher the level the higher the standard of living. A politically stable nation is best for a sound economy. Nations in the midst of civil strife and civil wars hurts its economy and helps lower its standard of living.
What must a nations economy do in order to improve the standard of living?
To improve the standard of living, a nation's economy must focus on fostering sustainable growth, creating jobs, and ensuring equitable distribution of wealth. This involves investing in education and skills training to enhance workforce productivity, promoting innovation and entrepreneurship, and developing robust social safety nets. Additionally, improving infrastructure and access to essential services like healthcare and housing can significantly elevate living conditions for citizens. Ultimately, a combination of economic growth and social policies is essential for lasting improvements in quality of life.
What do you call a period of change in an economy?
standard of living
What is the function of PAHO?
TO improve health and to improve living standard of people in america
what was possible for city workers?
They could improve their standard of living
Which of the following was possible for city workers?
They could improve their standard of living
Can people around the world improve standard of living and still protect the environment?
no but they still standard enviroment
