Factors That Can Cause Variations In Economic Performance Flashcards
1
Q
Foreign ownership
A
Ensures sufficient investment and money to develop sectors of the economy
2
Q
High levels of foreign ownership mean
A
Profits earned are taken out of the country
3
Q
Employment rate
A
People who can and are willing to work
4
Q
Full employment generally means
A
Afford housing
Disposable income to buy what they want
5
Q
Government debt
A
Government spends more than received governments then run deficit to stimulate economy
6
Q
Household debt levels
A
Indicator of living standard
7
Q
Measuring living standards
A
GDP
Where to be born index
Better life index
8
Q
Where to be born Index
A
Analyses factors of health family like climate material wellbeing
9
Q
Better life index
A
Housing
Income
Civic engagement
