The United States economic system affects their country's standard of living. With the amount of arable land in the United States at only 16.8%, the absence of natural resources and arable land affects the United States a great deal. Without the land or resources the United States can’t grow as much food or make as many products as the other competing countries. In the United States 99% of the population can read which means that people get higher educations, better jobs, and with that the ability to work longer since the life expectancy is 79 years. This means that there are better jobs opportunities for everyone. Fertility rates are low in the USA so that doesn’t affect the use scarce resources, however, the large population of the country
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Life expectancy and literacy rates affect the quality of labor in North Korea seeing as 100% of their population can read, as a result they are very aware of how hard they need to work to keep their job. Seeing that they tend to live around 70 years old, they will work for a long time. Fertility rate affects the use of scarce resources in North Korea not that much for the reason that the average family has two kids. So with the amount of resources and land they have the fertility rate only affects the use of scarce resources in some areas. GDP per capita and poverty rates indicate standards of living in North Korea a lot because the average person makes $1800 and that is not enough to live a higher standard of livings, therefore the standard of living in North Korea is low. Electricity, communication, and transportation facilities indicate the potential for industrial growth in North Korea because they have four television stations, eight internet servers, 39 paved airport runways, and use 18.76 billion kWh. Whereas, the USA has 2,218 television stations, five million internet servers, 5,054 paved airport runways, and use 4.048 trillion kWh. North Korea can definitely have industrial
Life expectancy and literacy rates affect the quality of labor in North Korea seeing as 100% of their population can read, as a result they are very aware of how hard they need to work to keep their job. Seeing that they tend to live around 70 years old, they will work for a long time. Fertility rate affects the use of scarce resources in North Korea not that much for the reason that the average family has two kids. So with the amount of resources and land they have the fertility rate only affects the use of scarce resources in some areas. GDP per capita and poverty rates indicate standards of living in North Korea a lot because the average person makes $1800 and that is not enough to live a higher standard of livings, therefore the standard of living in North Korea is low. Electricity, communication, and transportation facilities indicate the potential for industrial growth in North Korea because they have four television stations, eight internet servers, 39 paved airport runways, and use 18.76 billion kWh. Whereas, the USA has 2,218 television stations, five million internet servers, 5,054 paved airport runways, and use 4.048 trillion kWh. North Korea can definitely have industrial