it would be
Economic
a way to measure how well the needs and wants of citizens are being met by a country's economic system.
With the exception of the depression era of the 1930's (the stock market crash of 1929), our capitalistic system of government has given the citizens of the US a very high standard of living.
The primary goal of the economic system is to deliver to its citizens goods and services that they demand and aim for development for an increased standard of living.
it would be
Economic
D. Standard of living is usually used to determine the best economic system.
a way to measure how well the needs and wants of citizens are being met by a country's economic system.
With the exception of the depression era of the 1930's (the stock market crash of 1929), our capitalistic system of government has given the citizens of the US a very high standard of living.
The primary goal of the economic system is to deliver to its citizens goods and services that they demand and aim for development for an increased standard of living.
I've been doing this in society and environment at the momentsome are;Ethiopia.Uganda.Most traditonal economic system countries are living in third world conditions
One of the drawbacks to living in Belgium in the Socialist economic system is the result of very high taxes. Belgium also has over 10 million people, so housing is also a problem.
Economics development is a measurement of how an economy is developing and takes into account the standard of living, environmental sustainability, social inclusion, competitiveness, infrastructure and human capital levels. The financial system is the system which allows the transfer of money between savers and borrowers.
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
As with individuals, nations have different amounts of wealth, and even if the wealth is fairly distributed, there will and is considerable differences in the standards of living among the several hundred nations in the world. As mentioned, regarding fairness of distribution, the standards of living can be different based on non subjective reasons. A nation that is rich in Natural Resources and can export these as well as use them internally to their best advantage will help lift the standard of living. A nation with a sound economic system will also help its standard of living. Another factor is the education level of a nations citizens. Generally the higher the level the higher the standard of living. A politically stable nation is best for a sound economy. Nations in the midst of civil strife and civil wars hurts its economy and helps lower its standard of living.