What is the relationship between the rising cost of living and low-income communities’ standard of living.

Q: How are migration and urbanization related

A: Migration and urbanization, particularly in the current phase of globalization, are direct…

Q: What are the characteristics of a good and prosper economy?

A: A society's or a region's system for producing, consuming, and distributing products and services is…

Q: urbanization?

A: Urbanization is a process through which a rural economy develops and becomes an urban area or the…

Q: What is the role of mixed economy?

A: A mixed economy is a type of economic systems like the command economy, private sector economy,…

Q: What comprises middle-income economies

A: For operational and analytical purposes, world bank classifies the economies in three groups: low…

Q: Why do most modern societies try to reduce poverty? What is the most effective way to reduce poverty…

A: Poverty refers to the condition of living or living standard where one does not have the basic…

Q: What are the factors that can influence a country’s standard of living?

A: Standard of living indicates the degree of wealth or availability of material goods and services to…

Q: What is an example of an underground economy?

A: The underground economy is a situation where economic activities are unreported in order to escape…

Q: How are tax incentives for saving investment and work used effectively?

A: Tax incentives for saving, investment, and work are tools that governments use to encourage certain…

Q: hy my country is poor?

A: Poverty is a situation or situation where an individual or community lacks financial resources and…

Q: How does demographic change affect the economy?

A: Answer - Affect of the demographic change on the economy :- 1. Labor force :- The younger…

Q: What goods and services—and how much of each—will be produced?

A: In a nutshell, an economy must distribute its resources and pick between several possible bundles of…

Q: What is the annual market value of production in this economy?

A: There are three different types of commodities in the economy produced by X, Y and Z and they are…

Q: WHAT IS THE IMPACT OF DIFFERENT SECTORS OF THE COMMUNITY RO THE ECONOMY?

A: The economy is a system in which individuals earn a livelihood by producing, consuming, investing,…

Q: Which trends in income and wealth have emerged within the United States over the last 15 to 20…

A: Income is the total sum of money that a person or family receives from a variety of sources,…

Q: How many sectors of economy are there?

A: Economy: It is the system of organizing money, industry, and trade of a country or region.

Q: why Gross domestic savings (% of GDP) impact to Secondary education in a country ?

A: The savings of households, private corporations, and the government make up Gross Domestic Savings.…

Q: What steps should be taken by the government to support the SMEs?

A: A small- to medium-sized enterprise (SME) is a company with sales, properties, or employees that are…

Q: How can the variables in the local environment help improve the lives of the poor?

A: When talking about enviornmental variables in economics, it includes consumption behavior,…