Low standards of living, Microeconomics

Assignment Help:

Low standards of living:

In developing nations general standards of living tend to be very low for the vast majority of the people. These low standards of living are manifested quantitatively and qualitatively in the form of low incomes (poverty), inadequate housing, poor health, limited or no education, high infant mortality, low life and work expectancy and sometimes a general sense of hopelessness. Income levels in Ghana and Nigeria are relatively low as compared to levels in the developed world. The distribution of GDP is also severely unequal.


Related Discussions:- Low standards of living

Elasticity of demand, "Assume the local fixed telecommunications company is...

"Assume the local fixed telecommunications company is a monopoly. It costs the company €2 per month to give voice messages service to a customer. Elasticity of demand for voice mes

Expanding healthcare infrastructure, what is the demand when expanding heal...

what is the demand when expanding healthcare infrastructure?

Illustrate the term less developed and developed countries, How might one m...

How might one measure differences in living standards between less developed and developed countries?  This is a very wide question where any clear and relevant calculate shoul

Base case NPV analysis , How base case NPV analysis is applied in financial...

How base case NPV analysis is applied in financial risk management

Consumption theory, brief explain of keynesian consumption theory

brief explain of keynesian consumption theory

Explain perfect competition according to economics theory, Explain about th...

Explain about the perfect competition according to economics theory. The procedure of testing and refining theories is the key to the development of modern economics like a sci

Monopolist, if a monopolist makes economic profits, new firms enter the mar...

if a monopolist makes economic profits, new firms enter the market and compete with the monopolist in the long run.

Mediterranean regional project (mrp) technique, Mediterranean Regional Proj...

Mediterranean Regional Project (MRP) Technique This technique had been initially employed by the OECD (Organisation of Economic Cooperation and Development, Europe) to prepare

Market structures, illustrate and discuss the implications of various marke...

illustrate and discuss the implications of various markets structures(competitive and non-competitive) for price dertimation

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd