There is a direct relationship between health, labor, productivity, and income levels. If a person is healthy they can work, be more productive, and therefore make more money.
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a direct relationship.
higher income, more luxery goods. not rocket science.
How much an economy makes per hour is how much it receives per hour. Its income per hour is equal to its output per hour. So when productivity grows, so does how much the economy makes each hour. This causes income per hour, the average hourly wage, to rise.
The people living in low income countries have, on average, a lower level of real per capita income. Low income leads to low investment in education and health as well as plant and equipment and infrastructure, which in turn leads to low productivity and economic stagnation.
The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.
Obviously, there is a close relationship between low income and health. With having low income, your life style will be quite different from those of higher income strata. With low income you will be forced to pay lesser attention to health of self and your family members. This in turn will be evident in your escalated medical expenses. In a family with low income of a developing country, children and pregnant women suffers from malnutrition,which is reflected in their over all health.
a direct relationship.
Strong and positive
Strong and positive
Though they shouldn't have a direct relationship, higher income usually means higher political power these days.
R. V. Dadibhavi has written: 'Income, productivity, and industrial structure' -- subject- s -: Agricultural productivity, Economic conditions, Income, Industrial productivity
higher income, more luxery goods. not rocket science.
How much an economy makes per hour is how much it receives per hour. Its income per hour is equal to its output per hour. So when productivity grows, so does how much the economy makes each hour. This causes income per hour, the average hourly wage, to rise.
How much an economy makes per hour is how much it receives per hour. Its income per hour is equal to its output per hour. So when productivity grows, so does how much the economy makes each hour. This causes income per hour, the average hourly wage, to rise.
Yes, there is a relationship between income and the value of the car someone owns. Typically, higher income individuals tend to own more expensive and higher value cars, while lower income individuals may own less expensive vehicles. This relationship is influenced by various factors such as affordability, lifestyle choices, and financial priorities.
People who have a higher income generally have better health than those who live in poverty. The reason for this is that people with more money have more access to quality medical care and can afford healthier food.
Productivity and income distribution