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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.


Why is productivity growth important to countries?

The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.


What is standard living?

a way to measure how well the needs and wants of citizens are being met by a country's economic system.


Explain why economists argue that productivity is important?

The higher the productivity , the higher the living standard of the country. It also contributes in growth in output and income of the country.


Difference between theclassical gold standard and gold exchange standard?

The international gold exchange standard was adopted by the world after World War II, under the Bretton Woods agreement. The gold price was fixed at $35 dollar per ounce. The paper dollars that the U.S. spent in trade with foreign nations were fully backed by gold. And foreign governments were allowed to return their citizens dollars to the U.S. in exchange for gold bullion in the U.S. Treasury. The personally owned gold of American citizens was confiscated. Citizens were forbidden to own gold between the years 1933 to 1975. The classical gold standard allowed American citizens to own gold and allowed gold to be used in commerce both domestically and overseas. The U.S. Mint was tasked to mint gold and silver coins to be used by the public. All paper currencies issued were fully backed and exchangeable for gold at the U.S. Treasury.

Related Questions

When was Silver Standard Resources created?

Silver Standard Resources was created in 1946.


What is the population of Silver Standard Resources?

Silver Standard Resources's population is 10.


What is Silver Standard Resources's population?

The population of Silver Standard Resources is 36.


What is the symbol for Silver Standard Resources Inc in NASDAQ?

The symbol for Silver Standard Resources Inc. in NASDAQ is: SSRI.


What is the market cap for Silver Standard Resources Inc SSRI?

As of July 2014, the market cap for Silver Standard Resources Inc. (SSRI) is $708,216,386.18.


Which standard of equality is most concerned with the distribution of resources?

The equality of outcome is the standard of equality that is most concerned with the distribution of resources. Equality of outcome is used regularly in politics.


Where online could one learn about the ISO 13485 standard?

One can learn about the IO 13485 standard from many different online resources. Some examples of these online resources include Caliso9000 and MasterControl.


The American ideal of equality promotes what?

promotes the idea that all citizens should be equal in their standard of living.


Water resources of 10th standard related question answers?

you will get it on google.com and try on wikipedia.com


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.


Is citizen a collective noun?

No, the noun 'citizens' is the plural form of the singular noun 'citizen', a word for a person.A collective noun is a noun used to group people (citizens) or things in a descriptive way.There is no standard collective noun for a group of citizens, however, collective nouns are an informal part of language. Any noun that suits the context can function as a collective noun; for example, a group of citizens, a contingent of citizens, a mob of citizens, etc.


What are factors that determine the development of nation?

Factors that determine the development of a nation include its political stability, level of economic growth, access to education and healthcare, infrastructure development, natural resources, technological innovation, and social equality. These factors can influence a nation's overall prosperity, standard of living, and quality of life for its citizens.