The War on Poverty has been going on for decades. While government spending continues to increase, the results are not stellar. Please provide examples of new or creative ways in which policymakes might address the issue of poverty
Answers
New approaches to address poverty include Universal Basic Income, Social Impact Bonds, entrepreneurship programs, education and skill development, and collaborative initiatives.
Resolving the issue of neediness requires a multi-layered approach that joins customary measures with creative arrangements. The following are a couple of instances of new or imaginative ways policymakers should seriously mull over:
1. Widespread Fundamental Pay (UBI): Carrying out a UBI includes turning out a decent revenue to all residents, no matter what their work status. This approach means to ease destitution by guaranteeing a base way of life and diminishing pay imbalance.
2. Social Effect Securities: These are monetary instruments that permit private financial backers to support social projects. In the event that the projects accomplish foreordained results.
For example, decreasing destitution, the financial backers get a profit from their venture. This approach energizes productivity and responsibility in tending to destitution.
3. Microfinance and Business venture Projects: Empowering business venture and giving admittance to microfinance can enable people to make their own pay producing open doors. By supporting private companies and encouraging business, policymakers can assist with lifting individuals out of destitution.
4. Schooling and Expertise Advancement: Putting resources into training and ability improvement projects can outfit people with the instruments expected to get better open positions and break neediness. This incorporates professional preparation, grown-up training, and drives that improve computerized education.
5. Cooperative Drives: Empowering coordinated effort between state run administrations, philanthropic associations, organizations, and networks can prompt more viable destitution easing endeavors. By utilizing assorted assets and skill, policymakers can foster extensive arrangements that address the underlying drivers of neediness.
It's critical to take note of that the adequacy of these methodologies might shift relying upon the particular setting and nearby circumstances. Policymakers ought to consider a blend of procedures custom-made to their country's interesting conditions to address destitution really.
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Related Questions
How does a project manager evaluate the scope of a project?
Determine the overall work that needs to be completed to deliver the desired product, service, or end result
Estimate some of the resources that are needed to deliver the desired product, service, or end result
Evaluate the time it will take to deliver the desired product, service, or end result
Guess how much money it will cost to deliver the desired product, service, or end result
Answers
Stating in an answer for future reference, it's A, "Determine the overall work that needs to be completed to deliver the desired product, service, or end result".
No "Tutor" needed.
suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.
Answers
Based on the information that can be gotten from the question, the price that should be charged by the theater for the matinee ticket will be $7.
From the complete information, when the price is $4 and the 3 customers enjoy the movie, the profit will be:
= ($4 - $1.5) × 3
= $2.5 × 3
= $7.5
Now, let's assume that the price charged is $7 and 2 customers enjoy the movie, the profit will be:
= ($7 - $1.5) × 2
= $5.5 × 2
= $12
Now, when the price is $12 and only 1 customer enjoyed the movie, the profit will be:
= ($12 - $1.5) × 1
= $10.5
It can be depicted that the profit of the theater will be at maximum when the price that is charged is $7.
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which entity do critics fault for not vigorously enforcing interest group reporting requirements except in high-profile cases?
Answers
Critics fault Texas Ethics Commission for not vigorously enforcing interest group reporting requirements except in high-profile cases.
The major state body governing lobbyists' and public officials' political donations and expenditures is the Texas Ethics Commission. The Lieutenant Governor, the Speaker of the Texas House of Representatives, and the members of the Texas Legislature are subject to per diem and salary recommendations from the ethics commission, according to the state constitution.
Chapter 571 of the Texas Government Code outlines the responsibilities and authority of the Texas Ethics Commission, which includes but is not limited to, the enforcement of laws and rules governing the lobbying of state officials and the personal financial disclosures that public officials are required to file.
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the successful implementation for change only happens when people accept the need for change and believe that it will improve factors such as productivity and/or customer satisfaction. a) true b) false
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The statement is true. Successful implementation of change in an organization relies on the acceptance of change by people within the organization.
For change to be effective, individuals need to recognize the need for change and believe that it will lead to improvements, such as increased productivity or enhanced customer satisfaction. When people embrace the need for change and perceive its potential benefits, they are more likely to support and actively participate in the change process. This acceptance creates a positive mindset and a willingness to adapt to new ways of doing things, which is crucial for the successful implementation of change initiatives. On the other hand, if individuals resist or do not see the value in the proposed changes, it can hinder the implementation process and impede the desired outcomes. Therefore, gaining acceptance and belief in the need for change is a fundamental factor in achieving successful organizational change.
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which is a cause of system unavailability? A) natural disaster B) incomplete testing C) poor password practices D) poor physical security
Answers
Answer:
D) poor physical security
Explanation:
Answer:
A natural disaster
Explanation:
I know it seems weird but I put that and my test on Plato scored it as right
Consider a company that markets and repairs small computers. To study the relationship between the length of a service call and the number of electronic components in the computer that must be repaired or replaced, a sample of 14 records on service calls was taken. The data consists of the length of service calls in minutes (the response variable) and the number of components repaired (the predictor variable). A simple linear regression analysis was conducted between the two variables. The regression output of this analysis is printed out below. Using the regression output above, conduct a test at α=0.05 to check if the linear relationship is significant or not.
Answers
Linear relationship between length of service call and number of components repaired Regression output: The output below is a regression output for a simple linear regression analysis that was conducted between the length of service calls and the number of components repaired
For a significance level of \(α = 0.05\), the null and alternative hypotheses for testing whether the linear relationship is significant or not are:\(H0: β1 = 0\) (The slope of the population regression line is zero.)\(H1: β1 ≠ 0\) (The slope of the population regression line is not zero.)
The p-value for the slope coefficient is 0.0047. This is less than the significance level of 0.05. Hence, we can reject the null hypothesis. That is, there is sufficient evidence to suggest that the slope of the population regression line is not zero.
we can conclude that there is a significant linear relationship between the length of service calls and the number of components repaired or replaced by the company that markets and repairs small computers in question.
the length of service calls varies depending on the number of electronic components that are repaired or replaced.
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A(n)
strategy determines the direction the organization will take in making directional decisions.
A. business
O
B. organizational
C. operational
O
D. corporate
Answers
The securities and exchange commission is responsible for ______. multiple choice question. preparing a prospectus regulating various stock exchanges ensuring companies are tax compliant listing stock transactions on the nyse
Answers
Answer:
regulating various stock exchanges
Explanation:
A standing Order of $25 for insurance appears in the debit column of the Bank Statement. This amount does not appear in the Cash Book. How is this item treated in order to update the Cash Book.
a. Substract the $25 from the Bank Statement balance
b. Add $25 to the Bank Statement balance
c. Credit the Bank Account with $25
d. Debit the Bank Account with $25
Answers
Answer: c. Credit the Bank Account with $25
Explanation:
Insurance is an expense which means that the Standing Order reduced the amount of cash that the company had in the bank and this was reflected by the bank statement.
In order to reconcile the bank statement balance to the bank account balance, the bank account balance needs to be reduced as well. As it is an asset, it will be reduced by crediting it for the $25 standing order.
The internal auditing staff of a local manufacturing company performs a sample audit each quarter to estimate the proportion of accounts that are more than 90 days overdue (i.e., delinquent). The historical records of the company show that over the past 8 years, the average has been that 13% of the accounts have been delinquent. For this quarter, the auditing staff randomly selected 250 customer accounts. What is the probability that no more than 40 accounts will be classified as delinquent? (Round to 4 decimal places.)
Answers
The probability that no more than 40 accounts will be classified as delinquent is 0.9999.
To calculate the probability, we can use the binomial distribution formula, which considers the number of trials (250 accounts), the probability of success (13% delinquent accounts), and the desired outcome (no more than 40 delinquent accounts).
Using this formula, we find the probability to be 0.9999, or 99.99%, rounded to four decimal places.
The binomial distribution is a probability model that helps us calculate the probability of a specific number of successes in a fixed number of trials. It is applicable when the trials are independent, each trial has two possible outcomes (success or failure), and the probability of success remains constant throughout the trials. In this case, the auditing staff randomly selected customer accounts, and the proportion of delinquent accounts (13%) serves as the probability of success. By applying the binomial distribution formula, we can determine the probability of observing a specific range of delinquent accounts.
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6. according to the keynesian framework, may cause a recession, but not inflation. a. a major tax cut b. a decrease in interest rates c. an increase in domestic investment d. an increase in household spending on entertainment e. a major trading partner's economic slowdown
Answers
According to the Keynesian framework, an increase in household spending on entertainment may cause a recession, but not inflation.
This is because Keynesian economics focuses on the role of aggregate demand in the economy. When households spend more on entertainment, it increases aggregate demand, which can lead to higher prices and potentially inflation.
However, in the short term, it may not necessarily lead to inflation and may instead lead to a recession if there is not enough supply to meet the increased demand.
This is why Keynesian economists advocate for government intervention, such as increasing government spending or lowering interest rates, to stimulate demand and prevent or address recessions.
A major tax cut, a decrease in interest rates, an increase in domestic investment, and a major trading partner's economic slowdown can all also impact aggregate demand and potentially lead to recessions or inflation, depending on the specific circumstances.
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Joe owns a business which produces wooden furniture.He employs 20 workers in the Operations department and three workers in the offices.Joe pays all his workers by time rate but he is thinking of changing to piece rate.he has a high labour turnover from the factory as his workers are not well motivated.
Identify two examples of fringe benefits Joe could give to his employees.
Answers
As Joe is considering changing his payment structure from time rate to piece rate, he may want to consider offering some fringe benefits to his employees in order to improve their motivation and reduce his high labour turnover.
One example of a fringe benefit that Joe could provide is health insurance. This could include coverage for medical and dental expenses, as well as vision and prescription drug coverage. Offering health insurance can help to improve the overall well-being of Joe's employees and their families, which can result in higher morale and a more loyal workforce.
Another example of a fringe benefit that Joe could consider is a retirement plan. This could be in the form of a pension plan, a 401(k), or other investment options. Offering a retirement plan can help Joe's employees to feel more secure about their future and their ability to retire comfortably. This can lead to higher job satisfaction and a more dedicated workforce.
Overall, offering fringe benefits can help Joe to attract and retain high-quality employees, while also improving their motivation and job satisfaction. By providing benefits such as health insurance and retirement plans, Joe can demonstrate to his employees that he values their well-being and wants to invest in their future.
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Investment 2 Study questions Practice Questions: 1. On January 1, Stacy's portfolio was valued at $96,534. During the year Stacy received $3,285 in interest and $4,100 in dividends. She also sold one stock at a gain of $850. The value of the portfolio on December 31 of the same year was $113,201. At the end of June, Stacy withdrew $5,000 from the portfolio. What is the holding period return for the year? (refer slides for the formula) Sol: 25. 8% 2. Six months ago, Suzanne purchased a stock for $28 a share. Today she sold the stock at a price of $32 a share. During the time she owned the stock, she received a total of $1. 30 in dividends per share. What is her holding period return? Sol: 18. 9% 3. On January 1, Tim's portfolio was valued at $432,098. During the year Tim received $10,563 in interest and $15,060 in dividends. He also sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any more funds nor withdraw any funds during the year. On December 31 of the same year, Tim's portfolio was valued at $398,189. What is the holding period return for the year? Sol: -1. 9%
Answers
The holding period return for Stacy's portfolio for the year is 25.8%. The holding period return for Suzanne's stock is 18.9%.Tim's holding period return for the year is -4.67%, indicating a negative return.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
In Stacy's case, the beginning value of her portfolio on January 1 was $96,534, and the ending value on December 31 was $113,201. She received $3,285 in interest, $4,100 in dividends, and had a gain of $850 from selling a stock. She also withdrew $5,000 at the end of June.
Holding Period Return = [($113,201 - $96,534 + $3,285 + $4,100 + $850) - $5,000] / $96,534
= ($24,902 + $4,100 + $850 - $5,000) / $96,534
= $24,852 / $96,534
= 0.257 or 25.8%
Therefore, the holding period return for Stacy's portfolio for the year is 25.8%.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends] / Beginning Value
In Suzanne's case, the beginning value of the stock was $28 per share, and the ending value was $32 per share. She received $1.30 in dividends per share.
Holding Period Return = [($32 - $28) + $1.30] / $28
= ($4 + $1.30) / $28
= $5.30 / $28
= 0.189 or 18.9%
Therefore, Suzanne's holding period return for the stock is 18.9%.
In the case of Tim's portfolio, the holding period return for the year is -1.9%.
Tim's portfolio had an initial value of $432,098 on January 1 and a value of $398,189 on December 31. He received $10,563 in interest and $15,060 in dividends. However, he sold stock at a net loss of $12,870 and used the proceeds to purchase another stock. Tim did not contribute any additional funds or make any withdrawals during the year.
Holding Period Return = [(Ending Value - Beginning Value) + Dividends + Gain] / Beginning Value
= [($398,189 - $432,098) + $10,563 + $15,060 + (-$12,870)] / $432,098
= (-$33,909 + $10,563 + $15,060 - $12,870) / $432,098
= -$20,156 / $432,098
= -0.0467 or -4.67%
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A company that lacks a competitively powerful stand-alone resource Multiple choice question. will be unable to develop competencies through cross-functional efforts. may attempt to develop a competitive advantage through resource bundling. must continue searching for a resource that passes five tests of competitive power. is likely to be a failure in the marketplace.
Answers
Answer:
may attempt to develop a competitive advantage through resource bundling.
Explanation:
Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.
This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.
A company that lacks a competitively powerful stand-alone resource that would significantly propel it to the top of the market or industry it's operating in, may attempt to develop a competitive advantage over its competitors or rivals in the same industry through resource bundling and optimum use of these resources.
what is bitcoin: a peer-to-peer electronic cash system ?
Answers
"Bitcoin: A Peer-to-Peer Electronic Currency System" is the title of a white paper issued in 2008 by the completely anonymous person or group of individuals known as Satoshi Nakamoto.
Bitcoin is a decentralized digital currency that functions on a peer-to-peer network, allowing users to conduct direct transactions without the assistance of a third party, such as a bank or payment processor. Bitcoin transactions are cryptographically verified by network nodes and stored on a public ledger known as a blockchain.
The use of cryptography assures transaction security and integrity, while the blockchain maintains the ledger's immutability. It has also been lauded as a potential replacement for existing fiat currencies, a store of wealth, and a way of payment for goods and services.
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According to the video, what tasks do Librarians perform? Check all that apply.
A. supervising staff
B. writing stories
C. coordinating storytelling sessions
D. speaking at public events
E. dealing with angry customers
F. classifying materials
Answers
Answer: C and F
Explanation:
Answer:
Its I believe a,c, and f
Explanation:
your welcome
grade 10 business studies project
Answers
PROJECT 1. Nature and Significance of Management
PROJECT 2 - Principles of Management
PROJECT3 - Business Environment
PROJECT 4 - Planning
PROJECT 5 - Organising
PROJECT 6 - Staffing
PROJECT 7 - Directing
PROJECT 8 - Controlling
PROJECT 9 - Financial Management
PROJECT 10 - Financial Markets
PROJECT 11 - Marketing
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The following accounts are from last year's books at Sharp Manufacturing: Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year? $230,000 $227,000 $255,000 $252,000
Answers
The amount of cost of goods manufactured for the year is $252,000. Therefore the correct option is option D.
To calculate the cost of goods manufactured, we need to determine the total manufacturing costs incurred during the year and add the beginning work in process inventory, then subtract the ending work in process inventory.
The formula for cost of goods manufactured is as follows:
Cost of goods manufactured = Direct materials + Direct labor + Manufacturing overhead + Beginning work in process inventory - Ending work in process inventory
We are given the following information:
Direct materials used = $70,000
Direct labor = $80,000
Manufacturing overhead = $100,000
Beginning work in process inventory = $12,000
Ending work in process inventory = $10,000
Using the formula above, we can calculate the cost of goods manufactured as follows:
Cost of goods manufactured
= $70,000 + $80,000 + $100,000 + $12,000 - $10,000
= $252,000
Therefore the correct option is option D.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Answers
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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Urban businesses sold manufactured goods to all levels of society, thus leveling social classes. This newly created material culture was based on
Answers
People are often classified based on their level of riches. This newly created material culture was based on social stratification
What is social stratification about?Social stratification is a type of system that group individuals into different kinds of socioeconomic strata using factors like wealth, income, race, education, etc.This kind of system is used in the society to categorizes people, and ranks them in form of hierarchy.
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When Denisha sells the jewelry she makes at craft fairs or on her personal website, she is utilizing a(n) ________ marketing channel\
Answers
Based on the fact that Denisha sells her jewellery on her personal website, then she is making use of:
Direct marketing channelWhat is Direct marketing channel?This refers to the process of selling merchandise to the sellers without the use of intermediaries or middlemen.
With this in mind, we can see that because Denisha sells her jewellery directly to the buyers on her personal website, then she is making use of direct marketing channel,.
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Does QuickBooks Online Plus provides project profitability tracking?
Answers
Track the financial success of your project using QuickBooks Online projects.
Which version of QuickBooks Online offers profitability tracking?Track the financial success of your project using QuickBooks Online projects .From a single dashboard, you can add project income, expenses, and labor expenses, add previous transactions to new projects, and run project-specific reports.
Accountant and QuickBooks Online Plus are the only two products that support projects. With the additional ability to handle inventory and track profitability by project, QuickBooks Online Plus offers you the features of Simple Start and Essentials.
In addition to a few additional features with increased operation, QuickBooks Online Advanced has all the capabilities of QuickBooks Online Plus.You'll probably need to upgrade to Advanced as your firm develops.In contrast to Plus, which has a maximum user capacity of just 5, it supports up to 25 users.
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The opening balance of Prize Fund was Rs 1,00,000. During the year, donations received towards this fund amounted to Rs 15,400, amount spent on prizes was Rs 12,300 and interest received on prize fund investment was Rs 4,000. The closing balance of Prize Fund will be :
Answers
Answer:
Rs 10,700
Explanation:
The closing balance will be
Opening prize Rs 100,000
Add
Donations received Rs 15,400
Interest received Rs 4,000
Total at hand Rs 119,400
less
amount on prizes Rs 12,300
closing balance Rs 10,700
The producers of a new toothpaste claim that it prevents more cavities than other brands of toothpaste. In other words, those who use the new toothpaste should have fewer cavities than those who use other brands. A random sample of 100 people use the new toothpaste for six months. The mean number of cavities at their next checkup is 1.5. In the general population, the mean number of cavities at a six-month checkup is 1.75. Standard deviation =1.12. a. Explain whether this is a one- or two-tailed test and why. b. What are the null and alternative hypotheses for this study? c. Compute z obtained. d. What is z critical value? e. Should the null hypothesis be rejected? What should the researcher conclude? f. Explain in your own words what statistical power is and how we can increase power. Round to three decimal places please (e.g. 1.761).
Answers
The null hypothesis should be rejected, indicating that the new toothpaste may prevent more cavities than other brands.
a. This is a one-tailed test because the hypothesis is focused on whether the new toothpaste prevents more cavities (i.e., the mean number of cavities is lower) compared to other brands.
b. Null hypothesis (H0): The mean number of cavities for those using the new toothpaste is equal to the mean number of cavities in the general population.
Alternative hypothesis (Ha): The mean number of cavities for those using the new toothpaste is less than the mean number of cavities in the general population.
c. To compute z obtained, we use the formula: z = (sample mean - population mean) / (standard deviation / √sample size).
z obtained = (1.5 - 1.75) / (1.12 / √100) = -2.232.
d. The z critical value for a one-tailed test with a significance level of α = 0.05 is approximately -1.645.
e. Since the z obtained (-2.232) is less than the z critical value (-1.645), we reject the null hypothesis. The researcher should conclude that there is evidence to suggest that the new toothpaste may indeed prevent more cavities than other brands.
f. Statistical power refers to the ability of a statistical test to detect a true effect when it exists. It is influenced by factors such as sample size, effect size, and significance level. To increase power, researchers can increase the sample size, use more sensitive measures, reduce measurement error, or choose a higher significance level. By doing so, they improve the likelihood of detecting a significant effect if it truly exists.
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What is one benefit to working collaboratively on a team?.
Answers
Answer:
Each person gets to contribute in their own way.
Three law partners form a Cross-Purchase Buy and Sell agreement. This agreement is funded with individual life insurance. How many total life policies are needed for this agreement
Answers
The total life policies that are needed for this agreement is: 6.
What is cross-purchase agreement?A cross-purchase agreement can be defined as a process that enables a business partners to buy a decease shares of a business and this process often depend on a life insurance policy.
Hence, the total life policies that are needed for this agreement will be 6 total life policies.
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Chiko bought 75 shares of stock at $19.58 per share. She recelved total dividends of $73.42 during the year. At the end of the year, her stock was valued at $22.14 per share. What was her ROI? (Round percentages to one decimal place.)
Answers
Answer:
Return on investment = 18.07% (Approx.)
Explanation:
Given:
NUmber of share = 75 shares at $19.58 per share
Amount of dividend received = $73.42
Stock value at end = $22.14 per share
Find:
Return on investment
Computation:
Purchase price = 75 x 19.58
Purchase price = $1,468.5
Final value + Dividend = 75(22.14) + 73.42
Final value + Dividend = $1,733.92
Profit = $1,733.92 - $1,468.5
Profit = $265.42
Return on investment = [Profit / Initial value]100
Return on investment = [265.42 / 1,468.5]100
Return on investment = 18.07% (Approx.)
View the Amortization Table and use it to answer each question. According to the chart, Demarco and Tanya will pay a total of in interest over the life of their loan. This means their total cost, including the purchase price, is approximately . This amount is than what they would pay in total using the fixed-rate mortgage.
Answers
Answer:According to the chart, Demarco and Tanya will pay a total of
✔ $195,104
in interest over the life of their loan.
This means their total cost, including the purchase price, is approximately
✔ $365,104
.
This amount is
✔ higher
than what they would pay in total using the fixed-rate mortgage.
Explanation:
MAKE THIS THE BRAINLY
Answer:
According to the chart, Demarco and Tanya will pay a total of
✔ $195,104
in interest over the life of their loan.
This means their total cost, including the purchase price, is approximately
✔ $365,104
This amount is
✔ higher
than what they would pay in total using the fixed-rate mortgage.
Explanation:
I took this and these were the correct answers. :)
The explanation for a downsloping aggregate demand curve differs from the explanation for the downsloping demand curve for a single product because multiple choice 2 a downsloping, single-product demand curve assumes constant prices such that changes in income cause a substitution of a now relatively cheaper product for those whose prices have not changed. a downsloping aggregate demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed. a downsloping aggregate demand curve assumes constant prices such that changes in income cause a substitution of a now relatively cheaper product for those whose prices have not changed. a downsloping, single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.
Answers
Answer:
single-product demand curve assumes constant money income such that a lower price causes a substitution of the now relatively cheaper product for those whose prices have not changed.
Explanation:
When the aggregate demand curve i.e. downward sloping would be different to the demand curve for the single product i.e. also downward sloping is due to as the single product demand curve would assume that the income would be constant in such a way the less price would lead a substitution that the product is not expensive at all
So the above would be the reason
Compared to the United States, a developing country is likely to have: A. a higher per capita income B. a lower standard of living C. a lower state of inflation D. a higher gross domestic product
Answers
Answer: B
Explanation:
B : A lower standard of living
Developing countries are not fully formed yet, which would lead to worse infrastructure ie, lower state of living. United states is a developed country, which means higher state of living.