Those countries which experienced modern economic growth earlier than other countries now have a significantly higher standard of living.
Usual methods for measuring the standard of living include per capita GDP. Developed nations typically have greater living standards. In actuality, the distinctions between more and less developed nations are frequently defined using fundamental indicators of standard of living, such as per capita GDP.
More people live in a certain area, which increases cultural diversity. With greater creative thinking and inventive ideas brought about by cultural diversity, goods and services are improved, raising everyone's standard of living in the process.
Complete Neighborhoods, embracing diversity, and providing a variety of affordable housing will encourage economic activity and, in the end, raise residents' and newcomers' standards of living by encouraging the expansion of a city in a sustainable and appealing way.
Learn more about standards of living here:
https://brainly.com/question/13766620
#SPJ1