Are living standards always lower in developing countries than developed countries?

Again, structure is really important here.
Looking at why they might be lower:GDP per capitaInfluence of population growth Dependency ratios Life expectancySector employment (developing countries have more people employed in the primary sector)
Why they might not be lower:Relative povertyLength of working hoursInfluence of informal economy There are high paid jobs in the primary sector

Answered by Lottie W. Economics tutor

3375 Views

See similar Economics GCSE tutors

Related Economics GCSE answers

All answers ▸

Explain why the demand for food is relatively price inelastic.


What are the main causes of unemployment in the UK? CCEA 2013 Summer paper 2


What are the factors affecting the price elasticity of demand?


How can a tax be represented in a simple demand and supply diagram?


We're here to help

contact us iconContact usWhatsapp logoMessage us on Whatsapptelephone icon+44 (0) 203 773 6020
Facebook logoInstagram logoLinkedIn logo
Cookie Preferences