What does standard of living mean?
Definitions for standard of living
stan·dard of liv·ing
This dictionary definitions page includes all the possible meanings, example usage and translations of the word standard of living.
Princeton's WordNet
standard of living, 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"
Wiktionary
standard of livingnoun
A relative measure of the quality of life of a person or group has.
Wikipedia
Standard of living
An individual's or a socioeconomic class's standard of living is the level of wealth, comfort, material goods, and necessities available to them in a certain geographical area, usually a country. The standard of living includes factor as a whole quality and availability of employment, class disparity, poverty rate, quality and housing affordability, hours of work are required to purchase necessities, gross domestic product, inflation rate, amount of leisure time every year, affordable (or free) access to quality healthcare, quality and availability of education, literacy rates, life expectancy, occurrence of diseases, cost of goods and services, infrastructure, national economic growth, economic and political stability, freedom, environmental quality, climate and safety. The standard of living is closely related to quality of life.
ChatGPT
standard of living
Standard of living refers to the level of wealth, comfort, material goods, necessities, and services available to a certain socioeconomic group or geographical area. It generally 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, and accessibility of healthcare and education.
Wikidata
Standard of living
Standard of living refers to the level of wealth, comfort, material goods and necessities available to a certain socioeconomic class in a certain geographic area. The standard of living 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, number of vacation days per year, 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 and safety. The standard of living is closely related to quality of life. Standard of living is generally measured by standards such as real income per person and poverty rate. Other measures such as access and quality of health care, income growth inequality, Disposable Energy and educational standards are also used. Examples are access to certain goods, or measures of health such as life expectancy. It is the ease by which people living in a time or place are able to satisfy their needs and/or wants.
Editors Contribution
standard of living
A level of income that ensures each human being has their human rights and can live a moderate life, all beings earn and receive an identical amount of income.
The planetary aspiration is for all human beings to earn and receive an identical income and standard of living to ensure true equality.
Submitted by MaryC on January 19, 2021
Matched Categories
Numerology
Chaldean Numerology
The numerical value of standard of living in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of standard of living in Pythagorean Numerology is: 4
Examples of standard of living in a Sentence
We can retrain people until the cows come home here but their standard of living is going to be reduced, we want to hear how we retrain somebody to be part of the middle class.
We've been very systematic to ensure that they haven't gotten a raw deal and there are measurable improvements in key areas that make up their standard of living, we had a team of people who explained the agreements to the displaced households and farmers in the local language before they signed the agreements.
Engineering is a great profession. There is the fascination of watching a figment of the imagination emerge through the aid of science to a plan on paper. Then it moves to realisation in stone or metal or energy. Then it brings homes to men or women. Then it elevates the standard of living and adds to the comforts of life. This is the engineer's high privilege.
For 227 years, The Energy and Commerce Committee has led on solutions to keep the promise of America, where we have lifted more people out of poverty and led the world in raising people’s standard of living, this Congress , Republicans will continue to honor the committee’s rich history to improve people’s lives and ensure America leads a new era of innovation and entrepreneurship.
I ask anyone who questions the importance of the EU or its relationship with the United States, (to consider) not just the history that I articulated, but the increase of prosperity, the rise in the standard of living ... the better protection of rights for individuals in the EU, as a consequence of what we have done together.
Translations for standard of living
From our Multilingual Translation Dictionary
- مستوى المعيشةArabic
- životní úroveňCzech
- LebensstandardGerman
- vivniveloEsperanto
- estándar de vidaSpanish
- elintasoFinnish
- niveau de vieFrench
- életszínvonalHungarian
- կենսամակարդակArmenian
- 生活水準Japanese
- 생활 표준, 生活標準Korean
- astê jiyanêKurdish
- padrão de vidaPortuguese
- жизненный уровень, уровень жизниRussian
- levnadsstandardSwedish
- 生活水准Chinese
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"standard of living." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/standard+of+living>.
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