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Why do most nations in Western Europe have a higher standard of living?
Wiki User
∙ 8y ago
it started the Industrial Revolution.
Annalise Quitzon
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Are tax rates higher in the US or Western Europe?
Western Europe has the highest tax rate of the two. The 5 largest tax rates will be found in Western Europe, at about 50%. The US actually has one of the 5 lowest tax rates in the world, at about 27%.
Are the rates higher in the US or in western Europe?
Western Europe.
Which united nations agency tries to promote a higher standard of living around the world?
Economics and Social Council
Why do western Europeans generally have a higher standard of living than eastern Europeans?
Haha. I saw this in my homework. Well it is simple. The west is more rich because the countries in eastern Europe used to be communist, and the leaders of the eastern European countries still have communist.
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 has the author Gerard F Rutan written?
Gerard F. Rutan has written: 'Canadian studies in western Europe' -- subject(s): Study and teaching (Higher)
How are standard of living and GDP related?
Usually, the higher the GDP, the higher the standard of living.
Is the higher the standard deviation the greater the variation?
Yes. Since the standard deviation is defined as the square root of the variance, it can be said that the higher the standard deviation, the higher the variance.
What is the oldest European city in the western hemisphere?
The first higher education institution in medieval Europe was the University of Constantinople, followed by the University of Salerno (9th century), The first degree-granting university in Europe was the University of Bologna (1088).
How does literacy rate affect the standard of living?
The higher the literacy rate, the higher the standard of living
What does raising the standard mean?
Higher level of standard
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.
