ECONOMICS
ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Out of the following countries, who would have the highest standard of living?
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Mexico
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Somalia
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Afghanistan
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Japan
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Explanation:
Detailed explanation-1: -Cost of living is very high. In addition to being an island nation, and thus requiring most goods to be imported, Japanese culture also demands high-quality items and service.
Detailed explanation-2: -It comes as no surprise that Japan is ranked as one of the safest and most peaceful countries in the world.
Detailed explanation-3: -Sweden. #1 in Quality of Life. #5 in Best Countries Overall. Denmark. #2 in Quality of Life. #10 in Best Countries Overall. Canada. #3 in Quality of Life. Switzerland. #4 in Quality of Life. Norway. #5 in Quality of Life. Finland. #6 in Quality of Life. Germany. #7 in Quality of Life. Netherlands. #8 in Quality of Life. More items
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