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How did energy resources shape the standard living of the US?

By sidv you see; it gives of a blasts (montea) of energy.


What do you call a period of change in an economy?

standard of living


A society achieves what when people can maintain a high standard of living without depleting available resources?

A society achieves sustainable living and homeostasis with its environment when its people can maintain a high standard of living without depleting available resources. An important component of sustainable living is recycling the waste and garbage since resources were used to produce that waste. Also important is the efficient use of available resources, meaning that production of goods and energy use as few resources as possible.


When people can maintain a high standard of living without depleting available resources a society achieves?

A society achieves sustainable living and homeostasis with its environment when its people can maintain a high standard of living without depleting available resources. An important component of sustainable living is recycling the waste and garbage since resources were used to produce that waste. Also important is the efficient use of available resources, meaning that production of goods and energy use as few resources as possible.


What Caribbean island has a high standard of living because of its large oil reserve?

Trinidad and Tobago is the Caribbean island known for its high standard of living, largely attributed to its substantial oil and natural gas reserves. The country's economy is heavily reliant on the energy sector, which has contributed to significant development and infrastructure improvements. This wealth from energy resources has enabled a higher quality of life for many residents compared to other Caribbean nations.


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.


To improve its standard of living a nations economy must?

Remain stable


Advanced economy high standard of living high human development?

Developed


How has Canada's attitude regarding trade affected its economy?

That really depends on your political point of view. Canada does have a good economy so people could argue that Canada's positive attitude regarding trade has benefited the economy. Others would point out that at one time Canada had the highest standard of living in the world and that Canada has more resources available for export than any other Nation on the planet and those resources are more valuable than every before. And yet Canadians struggle to pay bills, maintain and build infrastructure and have many social programs they cannot afford. Worst yet our standard of living has been declining. We no longer have the highest standard of living and with increasing income inequality are losing our edge on our quality of living.


Does a mixed economy have a high standard of living?

Generally mixed economies generate more wealth than other kinds of economies leading to a higher standard of living


How is the standard of living in Denmark?

Denmark has the sixth highest economy in the world. It's good.


Why would you expect standard of living to differ between countries?

The availability of resources greatly influences the standard of living in an area or region, and the group of people that inhabit it.