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Anna [14]
3 years ago
7

Which economic terms can be used to measure changes in the global economy? Select four options.

History
1 answer:
Butoxors [25]3 years ago
4 0
I think the answer is b
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The term standard of living refers to the conditions in which people live especially in terms of comfort, goods, and basic needs being completely fulfilled. Because of this, the standard of living varies according to the geographical zone, country, and even continent and it is measured through the existence of poverty, employment conditions, incomes in each family or individual, education, amount of time for leisure, health services, and others.

In the case of Western Europe that includes countries such as Austria, France, Germany, Belgium, Switzerland, the United Kingdom and other the living standards are mainly high this means people who live there have good conditions in terms of comfort, goods and basic needs being fulfilled, one of the factors that prove this is that level of education is higher than in other areas of the world and the level of literacy or basic education for reading and writing 100% or close to it, which means all the population of these countries is able to write and read. Thus, the statement that is true about the standard of living in Western Europe is that most people can read and write as Western Europe has a high standard of living that is reflected on the education people has there.

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