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15-04-2020
Social Studies

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Explain which elements are considered when measuring a country’s standard of living

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sonyab61 sonyab61

15-04-2020

Answer:

A standard of living is the level of wealth, comfort, material goods, and necessities available to a socioeconomic class or certain geographic area. The standard of living includes basic material factors such as income, gross domestic product, life expectancy, and economic opportunity.

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