Answer: High living standards enables citizens to carry out investments in their nation which directly leads to the future growth of a particular nation.
Explanation: High standard generally refers to wealth, comfort, material goods and necessities of certain classes, it could as mean the economic ability of an individual to buy whatever he wants.
In countries with high standard of living individuals have vast economic strength, so they can easily start up any business they desire. These businesses either large or small are building blocks for effective growth of economies of countries.
The answer is : Subsistence
This method is very common among civilizations that live far away big/developed cities.
Many tribes in south east Asia for example, tend to only hunt and gather fruits/vegetables that they will consume for that day only. They will go out and hunt again on the next day in order to fulfill tomorrow's need.
Free enterprise tend to be driven by demands and profit. So companies tend to produce as much as they can in order to acquire as many customers as possible. This is why over production is very common in free enterprise system.
I believe you can look this up on online I would but it’s soooo much
Marylad argued that as a sovereign state, it had the right to tax any business within its borders.
