Standard of living
The number of goods and services that members
of a country enjoy.
More
money a country has the higher standard of living.
Gross domestic product (GDP)
Annual total value of final market goods
produced and services provided in a country.
Per
capita is GDP divided by number of people in a country.
Quality life
Includes people’s material standard of
living and, social and environment factors such as:
-
Life
expectancy
-
Illiteracy
rate
-
Money
spend on education
-
Its
communications facilities
-
Population
density
-
Infant
mortally rate
Businesses contribute to the quality of life
Because businesses provide money to programs
such as health, education, social programs, provide employment…
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