The Gap in the Standards of Living Between the IACs

question 238

True/False

The gap in the standards of living between the IACs (like the U.S., countries of Western Europe, and
Japan) and the DVCs of Africa, Latin America, and Asia have been narrowing significantly over the
decades.

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Definitions:

Financial Wellbeing

The state of being financially healthy, where one has control over finances, the ability to absorb a financial shock, and the freedom to make choices that allow enjoyment of life.

Physical Attractiveness

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful by others.

Similarity

The extent to which two things are alike or share common characteristics.

Contact

The act or state of physical touching or being in close proximity, or the initiation of communication between individuals.