A country with free market economy generally has a high standard of living. It is basically a kind of economy in which all decisions regarding investment, production and distribution are totally dependent on the demand and supply of the market. I hope that this is the answer you were looking for and it has helped you.
A country with a developed economy generally has a high standard of living.
Explanation:
Countries with developed economies have a very high degree of industrialization, with a predominance of the tertiary (trade activities) and quaternary (knowledge-based services and information sharing) industrial sectors.
A relevant factor in relation to economic development is the Gross Domestic Product (GDP), which represents the monetary value of goods and services produced by a country in a year, being one of the main indicators of a nation's economic potential. Per capita income, which represents the average wage per person, is also considered in a nation's development classification. In developed countries, GDP and per capita income are high, and income distribution is generally homogeneous.
The great increase in production of food grains (such as riceand wheat) due to the introduction of heigh- yielding varieties,to the use of pesticides,and to better management's techniques
A probe is a spacecraft that travels through space to collect science information. Probes send data back to Earth for scientists to study. Mercury, Venus, Mars, Jupiter, Moons of Mars, and Moons of Saturn.
