What does living standards mean?
Definitions for living standards
living stan·dards
This dictionary definitions page includes all the possible meanings, example usage and translations of the word living standards.
Princeton's WordNet
standard of living, living standards, standard of lifenoun
a level of material comfort in terms of goods and services available to someone or some group
"they enjoyed the highest standard of living in the country"; "the lower the standard of living the easier it is to introduce an autocratic production system"
Wikipedia
living standards
Standard of living is the level of income, comforts and services available, generally applied to a society or location, rather than to an individual. Standard of living is relevant because it is considered to contribute to an individual's quality of life. Standard of living is generally concerned with objective metrics outside an individual's personal control, such as economic, societal, political and environmental matters – such things that an individual might consider when evaluating where to live in the world, or when assessing the success of economic policy. In international law, an "adequate standard of living" was first described in the Universal Declaration of Human Rights and further described in the International Covenant on Economic, Social and Cultural Rights. To evaluate the impact of policy for sustainable development, different disciplines have defined Decent Living Standards in order to evaluate or compare relative living experience.During much of its use in economics, improvements to standard of living was thought to be directly connected to economic growth, increase amount of energy consumption and other materials. However, the IPCC Sixth Assessment Report found that literature demonstrates that improvements in sustainable development practices as well as changes in technological efficiency and energy production and use, allow for a Decent Living Standard for all people without fossil fuels and ~15.3 GJ per capita by the end of the 21st century. This allows for climate change mitigation by demand reduction as well as other sustainable development practices.
ChatGPT
living standards
Living standards refer to the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area. It includes factors such as income, quality and availability of employment, class disparity, poverty rate, quality and affordability of housing, hours of work required to purchase necessities, gross domestic product, inflation rate, amount of leisure time, affordable access to quality healthcare, quality and availability of education, life expectancy, incidence of disease, cost of goods and services, infrastructure, national economic growth, economic and political stability, political and religious freedom, environmental quality, climate, safety, and crime.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of living standards in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of living standards in Pythagorean Numerology is: 2
Examples of living standards in a Sentence
Prime Minister Lyonchoen Tshering Tobgay:
We saw some modest gains in areas such as living standards, health and time use, but in other areas such as community vitality and psychological wellbeing indicators, we actually seem to lose ground.
In my estimation this agreement represents a rare opportunity to lift the long term growth path of the economy, productivity and the living standards of individual Americans.
The situation has improved perhaps a bit for work, but the economic situation is bad. Things are expensive, living standards have fallen.
There are many examples of countries that have had the good luck and then made a complete mess of it. Botswana has avoided that, and it has been translated into a general increase in living standards, particularly in the fast expansion in the provision of public services.
The people of Odessa should soon feel that their living standards have been raised.
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"living standards." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/living+standards>.
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