Explain the Pattern Seen Between GDP Per Person and Quality

question 191

Essay

Explain the pattern seen between GDP per person and quality of life measures such as life expectancy, literacy, and Internet usage.

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Definitions:

Piece-rates

A payment method where workers are paid a fixed rate for each unit of production completed, incentivizing higher productivity.

Product Quality

The characteristics of a product or service that bear on its ability to satisfy stated or implied needs; a measure of excellence.

Industrial Unions

Labor unions that represent all workers, skilled and unskilled, within an entire industry.

Craft Unions

Labor unions that represent workers in specific trades or crafts, focusing on specific skill sets and professions.