One disadvantage of using per capita income to measure standard of living is that the average doesn't really account fluctuations in standard of living between very rich and very poor. This difference can be huge, but a per capita can make it appear small.
Computer's are the new standard living
A standard of living measure is the economic position of the individual.
Usually, the higher the GDP, the higher the standard of living.
The standard of living of a country can not only be judged from the national income of that country but what is important that how people are living in that country .This can be known by the educational attainment, life expectancy and the standard of living of people etc.
What ARE the disadvantages of standard costing?
Advantages: Higher standard of living. Disadvantages: Unbalancing of natural order.
Advantages: Higher standard of living. Disadvantages: Unbalancing of natural order.
One disadvantage of using per capita income to measure standard of living is that the average doesn't really account fluctuations in standard of living between very rich and very poor. This difference can be huge, but a per capita can make it appear small.
There are various disadvantages associated with living in Canada. For example, the climate can be cold and it can often snow.
The standard of living in Canada is moderate
standard of living & reputation
the disadvantages of living in a far area is that it is too hard for the government to reach out the needs of the people living in a certain place....
The standard of living can happen in Mexico City.
Computer's are the new standard living
has a high standard of living.
There are 3 disadvantages of living in the state of nature. These disadvantages include not having shelter, not knowing the environment, and not knowing how to feed yourself.