In South Americaaccording to the Artificial Intelligence (AI)Only one country of the twelve independent nations that make up this territory of the continent offers its citizens the best minimum wage, allowing them to cover all their needs. In this sense, according to ChatGPT, this place has become an “oasis” in the middle of the region, and that represents a significant difference from other nations.
Although countries like chiliwhose minimum wage is $521, and Brazil, who have a salary of $290, are considered economic powers that are distinguished by their modernity; none of them have achieved the balance between economic growth and social well-being. Will the country that chooses artificial intelligence be your country?
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The South American country where you can live comfortably on the minimum wage
According to ChatGPT AI, Uruguay, which offers its citizens a minimum wage of $570 per month, is the only country in South America that is “an oasis compared to other South American countries, providing its residents with a comfortable life.” The main reason for this is that “Uruguay has a more stable economy and more solid social policies than other countries in the region.”
It should be noted that the choice of artificial intelligence also coincides with rankings such as Bloomberg online, which highlight the Uruguayan state as the state with the highest minimum wage in this region of America. At the Latin American level, Uruguay is only surpassed by Costa Rica, where the minimum wage is $687.
In addition, ChatGPT points out the main reasons why it chooses Uruguay as the only country where the minimum wage is enough to live comfortably:
- Social protection system: Uruguay has a robust social protection system that includes social security, universal healthcare and assistance programs for vulnerable groups.
- Investments in education and health: Uruguay invests a significant portion of its GDP in education and health, resulting in high literacy rates and relatively high life expectancy.
- Labor policy: The country has implemented labor policies that promote formal employment and collective bargaining, helping to improve working conditions and wages.
- Reduce poverty and inequality: Through social and economic policies, Uruguay has managed to significantly reduce the level of poverty and inequality compared to other countries in the region.
It should be noted that artificial intelligence also points out that although the minimum wage in the country of Uruguay is generally enough to live comfortably and decently, there are still places where it is challenging for people or families to meet basic needs to cover, in some places At the same time, from an economic point of view, you have a stylish and comfortable life. This mainly happens in the city of Montevideo, the capital of Uruguay.
Uruguay offers its residents a minimum wage that allows them to live a comfortable life. Photo: AFP
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What is Uruguay's main economy?
Uruguay's economy is diversified and based on several important sectors. The main pillars of the Uruguayan economy include:
- Agriculture and livestock breeding: Uruguay has a strong agricultural tradition, with livestock (particularly beef production) and agriculture (crops such as soy, rice and wheat) being the key sectors. The export of agricultural and meat products is an important source of income for the country.
- Services: The service sector is the largest contributor to Uruguay's GDP, including areas such as tourism, financial services, education and health.
- Industry: Although not as dominant as the agricultural and service sectors, manufacturing plays an important role in the Uruguayan economy, with industries such as food, chemicals and pharmaceuticals.
- Foreign trade: Uruguay has an open, foreign trade-oriented economy with important trade agreements that facilitate access to international markets.
- Renewable energy: In recent years, Uruguay has made great strides in the development of renewable energy, particularly wind and solar energy, which has contributed to the diversification of its energy matrix and reduced dependence on fossil fuels.
Agriculture is one of the most important economic sectors in Uruguay. Photo: World Bank