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What is the economic system with the lowest standard of living?
The economic system typically associated with the lowest standard of living is a command or planned economy, particularly when poorly managed. In such systems, the government controls all aspects of production and distribution, often leading to inefficiencies, shortages, and lack of innovation. Examples can be seen in historically centralized economies like North Korea, where state control and limited market freedoms have resulted in widespread poverty and limited access to basic needs. Additionally, if such systems are coupled with political repression and corruption, the standard of living can plummet further.
What country has the lowest GDP in Europe?
IGNORANCE.
Which country has the lowest income per capita?
The country that has the lowest GDP is North Korea.
Which country currency value is low?
Somalia is the country with the lowest value because of its instability.
Which southeast Asia country has the lowest per capita GDP?
bhutan
Which country has the lowest standard of living?
hati
Where is the lowest standard of living in Europe?
Albania is the one specific country with the lowest standard of living in Europe. However, the region of Europe with the lowest standard of living is Southeastern Europe (with the exception of Greece and Cyprus).
Does Luxembourg have one of the lowest standards of living in Europe?
No, Luxembourg has a good standard of living.
Which country in mediterranean Europe has the lowest percentage of living?
Albania
Which country or state has the lowest heart deceases type 2 diabetes and cancer overall health risks?
The country with the lowest heart diseases,type 2 diabetes, and cancer overall health risks is Japan.
Is Spain the European country with the lowest percentage living in urban areas?
No, Spain has a fairly high urbanization with over 75% of its population residing in cities. The European country with the lowest urbanization is Liechtenstein with about 14% of its population living in urban areas.
Where in New Mexico are lowest cost of living rates?
Las Cruces is the city in New Mexico that has the lowest cost of living rate. It has an overall index of 92, which places it much lower than most of the United States.
The European country with the lowest percentage living in urban areas is?
Bosnia and Herzegovina with 47% of its population living in urban areas.
What does highest or lowest seed in the NFL mean?
It means that the lowest seed has the worst overall and the best overall in the NFL.
Is Portugal a European country with the lowest percentage living in urban areas?
No, that tile belongs to Liechtenstein (16%). Portugal is the 9th least urbanized country in Europe (59%).
The Mediterranean European country with the lowest percentage living in urban areas is?
Bosnia and Herzegovina with 47% of its population residing in urban areas.
Where is the cheapest country of Europe to live?
Countries like Moldova, Albania and Ukraine have the lowest cost of living but also the lowest level of income. In the European Union countries like Latvia, Poland, Romania and Bulgaria have the lowest costs of living.
