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Cost of Living and salary influences local purchasing power. Local purchasing power, health care quality, crime rate and other factors influences standard of living. To get some details about local purchasing power and cost of living perhaps consult :
http://www.numbeo.com/cost-of-living/
Wiki User
∙ 14y ago
Wiki User
∙ 11y agoThere are several factors that determine the standards of living of an individual or group. These are the ff.:
1. income of the family - it determines the degree of comfort or wretchedness of the family
2. influence of culture - the interest and tastes of a person determines the large extent of the mode of consumption
3. occupation of an individual - occupational groups have their own concepts of what constitutes welfare and their mode of consumption
4. nationality - determines the ways of living of an individual, family or group
Wiki User
∙ 11y agoStandard of living can be measured by one,s choice of how he has to live
Wiki User
∙ 11y agoBang ... Bang !
- love sosa baby
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Explain the factors that determine an object's kinetic energy?
There are two factors that determine and object's kinetic energy. The two main factors are mass and velocity.
What are the two factors that determine a materials density of wood?
The two factors that determine a material's density (such as that of wood) are its mass and volume.
What factors determine velocity of stream?
Speed and direction determine velocity
Which are two factors determine an objects velocity?
the two factors that determine an object's velocity is SPEED and DIRECTION.By: Arjane Lee Lagasca
Name at least two factors that determine force of impact?
One of the factors that determine force of impact is the object's mass. Another factor that will determine the force of impact is the object's velocity.
Factors which determine country's standard of living?
Productivity and income distribution
What is standard of living determined by?
Many factors determine a standard of living, including average disposable income, general health, access to education, access to social services, and social freedom.
What factors determine a nation's Human Development Index HDI?
* Knowledge of the population through education and reading * Standard of living * Life expectancy
What are 3 factors that influence the standard of living?
Family size, marital status, and income/expenses are three factors that influence the standard of living.
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.
What do the birthrate and death rate determine in a country?
Standard of living
What factors determine a nation's Human Development Index (HDI)?
1.knowledge of the poulation through education and reading 2.standard of living 3.life expectancy apex
What factors led to the Great Migration and why was it significant?
better standard living
What factors contribute to Costa Rica's high standard of living?
Jesuslives but are you living for him? go to church and find out.
How do people determine which country has the best economy?
D. Standard of living is usually used to determine the best economic system.
Two factors that determine fate of a chemical reaction in a living cell?
Direction and Rate
What are the factors affecting the standard of living in Sudan?
Genocide. Complete lack of government. Famine.
