Standard of living


The Standard of living refers to the quality and quantity of goods and services available to people. It is generally measured by real (i.e. inflation adjusted) income per person, although sometimes other measures may be used; examples are access to certain goods (such as number of refrigerators per 1000 people), or measures of health such as life expectancy. The idea of a standard may be contrasted with the quality of life, which takes into account not only the material standard of living, but also other more subjective factors that contribute to human life, such as leisure, safety, cultural resources, social life, mental health etc. More complex means of measuring well-being must be employed to make such judgements, and these are very often political, thus controversial. However, there can be problems even with just using numerical averages to compare material standards of living, as opposed to, for instance, a Pareto index. Standards of living are perhaps inherently subjective. As an example, countries with a very small, very rich upper class and a very large, very poor lower class may have a high mean level of income, even though the majority of people have a low "standard of living". This mirrors the problem of poverty measurement, which also tends towards the relative. See also: de:Lebensstandard
tandard of living Sandard of living Stndard of living Stadard of living Stanard of living Standrd of living Standad of living Standar of living Standardof living Standard f living Standard o living Standard ofliving Standard of iving Standard of lving Standard of liing Standard of livng Standard of livig Standard of livin tSandard of living Satndard of living Stnadard of living Stadnard of living Stanadrd of living Standrad of living Standadr of living Standar dof living Standardo f living Standard fo living Standard o fliving Standard ofl iving Standard of ilving Standard of lviing Standard of liivng Standard of livnig Standard of livign Standard of livin SStandard of living Sttandard of living Staandard of living Stanndard of living Standdard of living Standaard of living Standarrd of living Standardd of living Standard of living Standard oof living Standard off living Standard of living Standard of lliving Standard of liiving Standard of livving Standard of liviing Standard of livinng Standard of livingg tandard of living sandard of living stndard of living stadard of living stanard of living standrd of living standad of living standar of living standardof living standard f living standard o living standard ofliving standard of iving standard of lving standard of liing standard of livng standard of livig standard of livin tsandard of living satndard of living stnadard of living stadnard of living stanadrd of living standrad of living standadr of living standar dof living standardo f living standard fo living standard o fliving standard ofl iving standard of ilving standard of lviing standard of liivng standard of livnig standard of livign standard of livin sstandard of living sttandard of living staandard of living stanndard of living standdard of living standaard of living standarrd of living standardd of living standard of living standard oof living standard off living standard of living standard of lliving standard of liiving standard of livving standard of liviing standard of livinng standard of livingg

Search box

More info