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2 July, 10:28

One factor that indicates a developed economy's standard of living is its

growth in outsourcing rates.

strong social connections.

high levels of education.

low GDP per capita.

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Answers (1)
  1. 2 July, 10:35
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    One factor that indicates a developed economy's standard of living is its high levels of education. Quality of life is a broad concept that encompasses a number of different dimensions, a standard of living are the level of wealth, comfort, material goods and necessities available to a certain geographic area.
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