Describe the economy of the United States and how its characteristics contribute to a high standard of living.

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Aarav Stark

History

31 January, 11:25

Describe the economy of the United States and how its characteristics contribute to a high standard of living.

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Alayna Hodges · Answer 1

The standard of living in the United States is high by the standards that most economists use, and for many decades throughout the 20th century, the United States was recognized as having the highest standard of living in the world.