Question

5. The table below shows several key socio-economic indicators for ten

countries.
Country
Afghanistan
Bangladesh
Czech
Republic
India
Japan
Nicaragua
North Korea
Russia
United States
Venezuela
Free Socialist/GDP/Per Average Life Literacy
Market Mixed Capita* Expectancy** Rate***
X
$508
43%
X
$2,001
$22,911
X
X
X
X
X
X
X
X
$1,931
$39,990
$1,905
$618
$10,166
$63,123
$7,704
63 years
74 years
79 years
70 years
85 years
75 years
73 years
67 years
79 years
74 years
61%
99.8%
Which conclusion can be drawn from this table? (H)
72%
99%
82%
unknown
99.7%
99%
95%
*Source: United Nations (2020); ** Source: PopulationU.com (2019):
***Source: World Population Review (2022)
A. There is no relationship between GDP/per capita and literacy.
B. Life expectancy is generally higher in socialist or mixed economies.
C. Free market economies often provide higher standards of living to
their citizens.
D. Mixed or socialist economies provide better educational services than
free market economies.

Answer 1

One conclusion drawn from the table is that free market economies often provide higher standards of living, as exemplified by high GDP per capita and literacy rates in countries like the U.S. and Japan. Therefore, the correct answer is option C. Free market economies often provide higher standards of living to

their citizens.

Step-by-step explanation:

When analyzing the socio-economic indicators for ten countries, including GDP per capita, life expectancy, and literacy rates, one conclusion that can be drawn from the table is that free market economies often provide higher standards of living to their citizens. This can be seen in countries such as the United States and Japan, which have both high GDP per capita and high literacy rates as well as life expectancy. Conversely, countries with lower GDP per capita, such as Afghanistan and Nicaragua, often have lower literacy rates and life expectancy. It is important to note, however, that there are many factors that contribute to a standard of living beyond GDP per capita, such as health, education, and personal safety.