Asked by

Jessica Rexrode
on Nov 16, 2024

verifed

Verified

​Income rises after a charity gives poor families free livestock. The harvest that year was also particularly bountiful. The charity should take full credit for the observed increase in the standard of living.

Standard Of Living

The level of wealth, comfort, material goods and necessities available to a certain socioeconomic class or a certain geographic area.

Bountiful Harvest

An exceptionally large and plentiful crop yield within a particular season.

  • Understand the importance of property rights and government policies in economic development.
verifed

Verified Answer

CJ
Carmen JonesNov 18, 2024
Final Answer:
Get Full Answer