Are living standards always lower in developing countries than developed countries?
Again, structure is really important here.
Looking at why they might be lower:GDP per capitaInfluence of population growth Dependency ratios Life expectancySector employment (developing countries have more people employed in the primary sector)
Why they might not be lower:Relative povertyLength of working hoursInfluence of informal economy There are high paid jobs in the primary sector
LW
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