To achieve a high standard of living, a nation should:

Question

Quizplus · Accepted Answer

Promoting economic growth is the best choice as it leads to an increase in the production of goods and services, creates job opportunities, and boosts income levels. This, in turn, leads to a higher standard of living for the citizens of the nation. Options A and D may provide temporary relief to certain sections of the society, but they do not contribute to the overall growth of the economy. Option B is not ideal as it would result in lower efficiency and productivity, leading to a lower standard of living.

To Achieve a High Standard of Living, a Nation Should