• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Differences between the standards of living in Slovakia and The Hague

Extracts from this document...

Introduction

Martin Klima Year 11 Business and Economics Ms.Duffy 29 October 2008 Differences between the standards of living in Slovakia and The Hague Introduction: Standard of living is the quality of life to people in a country. The country that I have chosen is Slovakia because many people in the ISH think of Slovakia as one of the less economically developed country and I want to see if there actually is a big difference between The Hague in Netherlands (which is considered one of the most developed countries in the world) and Slovakia. I want to see what the differences in the standards of living between Slovakia and The Hague are by comparing them to each other in different aspects. The problem that I am facing is that I am comparing a city to a country. I have created a questioner which consists of some questions about the standard of living. To get that information processed, I have used Excel to make pie charts. I have done secondary research on my country and have analyzed it and compared it to the charts that I have. Standard of living: Standard of living means how well off an individual person or a whole nation is at a point in time. ...read more.

Middle

Although if the manufacturing and agriculture rate are higher, the country can be better off because it shows that it has a lot of industries and most of these jobs help the country so the country itself gets improved but the people might like it less since it is hard labor work most of the time. 2,67948718 Number of People in the average household We have asked people with how many people they live with and then made a averse of that. It is better to have less people in your household because if you do have more people in your family, you have to earn more money in order to fully support it. It is also better for the country if people have less children because then they the age group will increase and many developed countries have a higher aged group because if the age group increases, it means more people are going be able to work and it will increase the GDP of the nation. What do you use for transportation Car 34 Bike 48 Public 27 Walk 16 Other 3 This shows what people use for transportation and if more people use cars, they pollute the air more so this might cause pollution and therefore lowering the SOL. ...read more.

Conclusion

This means that Slovakia produces more goods, takes care of the land which is good for the nation because then the country doesn't have to buy more expensive goods from foreign countries so it spends less money. Whilst the Netherlands spend more money on buying goods from foreign lands and countries. One of the reasons why Slovakia might have a higher increased agriculture is because Slovakia covers more land property then Netherlands so people in Slovakia use a lot of space for fields growing goods. Manufacturing in Slovakia is almost the same as in Netherlands. Both of the countries own a lot of industries. Which is good for the country since it can produce goods itself. Although the workers in manufacturing sector earn less money individually so they have less money to spend so the GDP decreases. I wasn't able to find a comparison data to this for Slovakia. This Pie chart shows that majority of Dutch people use Bike as a main transport which makes their life more healthier and increases their SOL. They prefer biking over car riding so there is less polluted air which makes the Dutch SOL increase. Public transport is also used quite often instead of cars. Conclusion: If you have a land phone you have automatically a internet connection and most of the time a TV connection. The prices of the Internet connections in Slovakia and Netherlands are approximately the same but the income of individuals is not the same. ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our GCSE Economy & Economics section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related GCSE Economy & Economics essays

  1. Split Votes: A Nation Divided on the Marijuana/Drug Legalization Debate

    Gov. Johnson is strongly committed to a cost/benefit calculation and wants efficiency in government spending for drug prevention. He describes himself as a "'cost/benefit' analysis person" (Bad Choices). His concern is that the government is spending entirely too much without consideration for results.

  2. How is GDP measured and what are its limitations as a measure of the ...

    Income distribution: Two countries may have the same national income figures, but the average quality of life will be very different if in one, the income is evenly distributed while in the other, income distribution is very unequal. A typical feature of many rapidly growing countries is that some

  1. How is GDP measured and what are its limitations as a measure of the ...

    So, real GDP will show us the actual rise in GDP and not the rise in the level of prices. Therefore it is important to take the real GDP into account when calculating. Also, when using GDP figures to measure the quality of life, it is wise to take the 'GDP per capita'.

  2. The Changing Standards of Living During the 1950's.

    This shows that the standards of living were starting to change. During 1951 - 1961 the resources of the nation were used much more productively every year. But Britain still fell behind the average amount of national growth if it were to keep free from economic troubles that would take them backwards instead of forwards.

  1. Free essay

    Do high house prices in Trafford deter key public sector workers from seeking a ...

    [6] The average salary in the UK is �26,020 and for only full time employees �31,323. [9] How are house prices determined? House prices are determined by supply and demand (above): how much people are demanding houses and how many houses there are for sale (supply).

  2. what are the problems of trying to compare living standards

    This market not only includes legal-prohibited activities (ex. Drugs, prostitution, gambling activities that are illegal in some areas) but also trades in legal goods and services this is because some income is not recorded and untraceable by the government or complex financial operations because most transactions take place in cash.

  1. What makes a country wealthy.

    ENTREPRENEUR: The function of an entrepreneur is to organize and manage a business enterprise. Economist Schumpeter regards innovation as the most important function of an entrepreneur. He regards the entrepreneur as the focal point of the process of economic development.

  2. Case Study: The Home Depot

    Good divided between the larger retailers (like Home Depot) and smaller competitors. Of course there was competition between the larger ones and the between the smaller competitors, but in general there can be said that it was a rather peaceful environment, which stimulated for growth.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work