Explain why are there significant disparities

Reference no: EM1338339

Cost of living Disparities in the USA

Why are there significant disparities in the cost of living throughout the US?

Unfortunately, I am somewhat lost on this one. I cannot think of one definitive answer to this question. I would think the lack of industry would play an important part in regional differences. Poor education such as that in Louisianna would be a major factor that hinders the economy in that state. Another reason may be few jobs for a lot of people or vice-versa. I believe the law of supply and demand comes into play, but I am not sure how. Can you help?

Reference no: EM1338339

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