The standard of living refers to the level of wealth, convenience, material goods, and the needs available to a particular socioeconomic class in a given geographic region, usually a country. The standard of living includes factors such as income, quality and availability of employment, class differences, poverty levels, quality and affordability of housing, the hours required to buy needs, gross domestic product, inflation rate, the amount of free time each year, or free) for quality health, quality and availability of education, life expectancy, disease incidence, cost of goods and services, infrastructure, national economic growth, economic and political stability, political and religious freedoms, environmental quality, climate and security. The standard of living is closely related to the quality of life.
Video Standard of living
Measurement
The standard of living is generally measured by standards such as real income (ie inflation adjusted) per person and poverty level. Other measures such as access and quality of health care, income growth inequality, and educational standards are also used. Examples are access to certain items (such as the number of refrigerators per 1000 people), or health measures such as life expectancy. This is the ease with which people living at a time or place can meet their needs and/or desires.
The main idea of ​​'standard' can be contrasted with the quality of life, which not only takes into account material material standards, but also other more intangible aspects that shape human life, such as convenience, safety, cultural resources, social life, physical health, environmental quality issues, etc. More complex means of measuring well-being should be used to make such judgments, and these are so often political, so controversial. Even between two countries or societies that have the same material life standards, the quality factor of life in fact makes one of these places more appealing to a particular individual or group.
Maps Standard of living
See also
- Gini coefficients
- Human Development Index
- Income and fertility
- Economic Freedom Index
- List of countries by Social Progress Index
- Measured economic prosperity
- Average household income
- The right to a decent standard of living
- Total fertility rate
- Which index will be born
- Working hours
References
External links
- Industrial Revolution and Living Standard by Freddy Madero
- Commission on Living Standards
Source of the article : Wikipedia
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