0
Will a rise in the national standard of living worsen or improve the country's environmental conditions?
Wiki User
∙ 9y ago
The rise in the national standard of living in the long term will improve the country's environmental conditions. However, in the short term, the country's environmental conditions will initially worsen. When raising the minimum wage (in order to improve standard of living) this may seem like a good idea but in reality it will not be what people think. Businesses are under strict direction to maintain a certain employee salary/wage minimum/maximum hours or amount to be paid. By raising the minimum wage to be higher, and not addressing where the money will come from within the companies budgets, the initial reaction from the companies will be to cut the employees hours down and make a smaller amount of people do the amount of work needed with more people. Therefore, initially it will decrease standard of living because employees will have to obtain more than 1 or 2 jobs and worry about the means of transportation to get to and from and scheduling conflicts etc.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Why is increase in national income is necessary but not a sufficient condition for a rise in people's standard of living?
A rise in the national income is not necessarily a condition for the rise in people's standard of living. If the wealth is in the hands of a few, then most people's standard of living does not rise. In addition, if the population greatly increases, their is no rise.
Why increase in national income affect increase in standard of living?
An increase in national income affects the increase in the standard of living because an increase in income increases the standard of living. When the national income is low, people are poorer.
What is meant by a country's standard of living?
The standard of living of a country can not only be judged from the national income of that country but what is important that how people are living in that country .This can be known by the educational attainment, life expectancy and the standard of living of people etc.
Which is used to measure directly the average standard of living across countries?
National income
What are the reason for measuring national income?
You can measure national income by looking at various factors. The most important ones include average living standard and the rate of economic growth. National incomes measures the value of good and services a country produces.
What agency downgraded the us credit rating in august after it said congress failed to do enough to stabilize the countrys debt situation?
Standard & Poor's
When was National Anti-Slavery Standard created?
National Anti-Slavery Standard was created in 1840.
When did National Anti-Slavery Standard end?
National Anti-Slavery Standard ended in 1870.
How much weight a standard table can support?
About a standard amount given standard conditions.
What has the author Kenneth H Lloyd written?
Kenneth H. Lloyd has written: 'Cost and economic impact assessment for alternative levels of the national ambient air quality standard for ozone' -- subject(s): Air quality, Environmental aspects, Environmental aspects of Ozone, Ozone, Standards
What has the author Vishnu Mahadeo Dandekar written?
Vishnu Mahadeo Dandekar has written: 'Report on the Poona schedules of the National Sample Survey, 1950-51' -- subject(s): Cost and standard of living, Income 'Poverty in India' -- subject(s): Poor, Social conditions, Economic conditions 'Second report on the Poona schedules of the National Sample Survey, 1950-51' -- subject(s): Cost and standard of living, Income
How do you find the standard of measurement?
It's referenced to a national standard....
What is the mass at standard conditions if the weight of an object is 50 pounds?
An object that weighs 50 pounds at standard conditions has a mass of 22.680 kilograms.
What is the standard reduction potential E?
This is a table with values in volts for the standard reduction potentials of metals to a cathode.
What would 1 liter of water have a mass of under conditions of standard temperature and pressure?
The mass of standard water in standard conditions is 1 gram per cm3, and 1 kg per liter.
Is fish is solid liquid or gas?
In the natural state, and under standard conditions, it will be solid and liquid.
What state is glucose under standard conditions?
Solid?
