Explain which elements are considered when measuring a country's standard of living, Write your response in complete sentences,

Question

asked Nov 1, 2022 218k views

1 Answer

DanubePM · Answer 1 · 2022-11-06T02:05:43+0000

Answer:

To put it shortly:

The basic material factors of standard of living are wages, gross domestic product (GDP), life expectancy, and economic opportunity.