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

sentences,

User Gavriel Cohen
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1 Answer

5 votes

Answer:

To put it shortly:

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

User DanubePM
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