standard of living
amount of enjoyment and pleasure that a person can get for his money | ||||
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Standard of living definition was found in categories: Language, Idioms & Slang(1) Sports(1) Business & Finance(1) Encyclopedia(1)
Standard of living Definition from Language, Idioms & Slang Dictionaries & Glossaries
| WordNet 2.0 |
standard of living
Noun
1. a level of material comfort in terms of goods and services available to someone
(synonym) standard of life
(hypernym) degree, level, stage, point
Noun
1. a level of material comfort in terms of goods and services available to someone
(synonym) standard of life
(hypernym) degree, level, stage, point
Standard of living Definition from Sports Dictionaries & Glossaries
| maritime&shipping&trade |
Standard of Living
The level of material affluence of a nation as measured by per capita output
The level of material affluence of a nation as measured by per capita output
Standard of living Definition from Business & Finance Dictionaries & Glossaries
| Raynet Business & Marketing Glossary |
Standard of Living
the level of material well-being of an individual or household.
the level of material well-being of an individual or household.
Standard of living Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Standard of living
The standard of living refers to the quality and quantity of goods and services available to people, and the way these goods and services are distributed within a population. It is generally measured by standards such as income inequality, poverty rate, real (i.e. inflation adjusted) income per person. Other measures such as access and quality of health care, educational standards and social rights are often used too. Examples are access to certain goods (such as number of refrigerators per 1000 people), or measures of health such as life expectancy. It is the ease by which people living in a country are able to satisfy their wants.
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