What Is Standard Living
Standard of living is the material well being of the average person in a given population. It is typically measured using gross domestic product (GDP) per capita. Standard of living refers to the level of wealth, comfort, material possessions, and necessities available to a person or group of people in a geographical region or country.
The standard of living in the United States is a measure of how well people and families are doing. It looks at things like how much money they make from wages standard of living, in social science, the aspirations of an individual or group for goods and services. Alternatively, the term is applied specifically to a measure of the
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Standard of living is the material well being of the average person in a given population. It is typically measured using gross domestic product (GDP) per capita.
Standard of living refers to the level of wealth, comfort, material possessions, and necessities available to a person or group of people in a geographical region or country.
The standard of living in the United States is a measure of how well people and families are doing. It looks at things like how much money they make from wages
standard of living, in social science, the aspirations of an individual or group for goods and services. Alternatively, the term is applied specifically to a measure of the
Standard of living is the level of income, comforts and services available to an individual, community or society. A contributing factor to an individual's quality
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