Generally mixed economies generate more wealth than other kinds of economies leading to a higher standard of living
Developed
The standard of living is Australia is the 2nd highest in the world, after Norway. Australia has a very high economy and produces a lot of smart and wealthy people in the world.
no
low
Germany, Austria and Switzerland are centrally located in Europe and Switzerland can certainly be called an alpine nation. Among these three countries, all have a high standard of living and strong economies. Germany, as example, has the largest economy in Europe.
Developed
changing from an economy once dominated by steel manufacturing to a service industries and high-tech firms based economy.
The standard of living is Australia is the 2nd highest in the world, after Norway. Australia has a very high economy and produces a lot of smart and wealthy people in the world.
has a high standard of living.
no
low
high standard of living= high GDP and vice versa
the answer is high
Saudi Arabia is an important country in Middle East. It has an oil based economy which has helped people in Saudi Arabia to maintain a significantly high standard of living. Saudi Arabia's average annual income of 93,472 US dollars in one of the highest in the GCC region.
Peole in Singapore enjoy a high standard living it has one of the most productive economics.
Peole in Singapore enjoy a high standard living it has one of the most productive economics.
Germany, Austria and Switzerland are centrally located in Europe and Switzerland can certainly be called an alpine nation. Among these three countries, all have a high standard of living and strong economies. Germany, as example, has the largest economy in Europe.