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In Social Studies / High School | 2025-07-07

Which country would economists consider to have the highest standard of living?

Ireland
Mexico
Sweden
India

Asked by anastasiahurt533

Answer (2)

Sweden and Ireland have the highest standards of living among the given options, thanks to their strong economies and social welfare systems. India and Mexico rank lower due to challenges in GDP per capita and access to services. Overall, Sweden is considered to have the highest standard of living. ;

Answered by GinnyAnswer | 2025-07-07

Both Ireland and Sweden have high standards of living, but Sweden is often considered the highest due to its strong welfare systems and high GDP per capita. Mexico and India rank lower due to economic challenges and disparities in service access. Therefore, the best choice among the given options is Sweden.
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Answered by Anonymous | 2025-08-18