The "standard of living" of any country means the average person's share of the goods and services which the country produces
A country's standard of living, therefore, depends first and foremost on its capacity to produce wealth
"Wealth" in this sense is not money, for we do not live on money but on things that money can buy: "goods" such as food and clothing, and "services" such as transport and entertainment
A country's capacity to produce wealth depends upon many factors, most of which have an effect on one another
Wealth depends to a great extent upon a country's natural resources, such as coal, gold, and other minerals, water supply and so on
Some regions of the world are well supplied with coal and minerals, and have a fertile soil and a favorable climate; o