Which factors do you believe contribute most to Europe's standard of living?

1 answer:

3 0

Answer:Trade liberalization is proving beneficial for the European economy and private consumption, in global terms, is increasing thanks to demographic changes (increase in population and number of families) and increased incomes. This extraordinary income is mainly dedicated to tourism, transport and luxury items. The Single Market is fostering economic growth, concentration of industrial activity, urban growth and international trade, which in turn is causing transport to grow faster than economic activity itself.

Most of the countries in transition to a market economy are visibly recovering from the crisis suffered in the early 1990s, with the service and light industry sectors leading the way. Spectacular changes can be expected as the liberalization of agriculture and probably heavy industry deepens. Further industrial growth is also expected.

Explanation:

You might be interested in

Describe the relationship between weather on the continents and weather at sea

Liula [17]

Answer:

Ocean water is evaporating all the time and rising the temperature and humidity of the air so it forms rain and storms that are then carried by trade winds.

Explanation:

5 0

3 years ago

What is the name of the japanese island on which kobe is situated?

Alekssandra [29.7K]

The name of the island is honshu

7 0

3 years ago

Which statement is not true

igomit [66]

Answer is Europe environmental solutions must be confined by political borders

4 0

3 years ago

Why did so few people settle west of the Mississippi River between 1700 and 1800? A. Land west of the Mississippi River was not

kodGreya [7K]

D. Obviously because it was large and they didn't have a lot of supplies to go across also it was very deep.

3 0

3 years ago

An aging population will impact Italy's economy in all of the following ways except by

Sphinxa [80]

An aging population will impact Italy's economy in all of the following ways except by leading to increased costs associated with educating and feeding the population

Answer: Option C

Explanation:

Aging population is the population which are above the age of 65 years. This section of the population is not expected to work and is considered to lead a retired life only and are dependent on the working population of the country for their living.

Since these aged people have to be fed the food also by the working population, it will definitely increase the costs and expenditure on feeding such people with food and other basic necessities of life.

6 0

3 years ago

Read 2 more answers