Friday, January 22, 2016

Infographic about Standard Of Living

I think that a country's standard of living does not show how everyone lives in a country. One reason I think that is because for example, if the GDP per capita of a country was 12000 and that country also was some very poor people and some very rich people, it doesn't mean that every single person in that country was $12000. It is just showing that most people in that country have $12000 while some people could be very poor and others may be very wealthy. This way of comparing can also be used to compare different parts of standard of living and not only wealth and GDP per capita.I think that the most interesting thing that I have learned about standard of living is that there is actually a way of determining how well off a country is instead of just saying a country is poor or very rich. Also saying a country is rich or poor doesn't really say that that country is a good country because that country could have really bad education or other factors that standard of living goes over. One other thing I find interesting about standard of living is that using standard of living you can compare different countries very accurately. One final thing that I find interesting about standard of living is that you can also rank countries based on how good their standard of living is or just the individual parts of standard of living.I think that countries with a high standard of living do not have an obligation to help out countries with a low standard of living. Although it would be nice and a good thing to help them out, I think that the they don't have to help them out because it is their choice to help them out. Also I think that the countries with a low standard of living can not force the high standard of living countries or expect them to help them.

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