income per person in a country. ADVERTISEMENTS: We know that if a person satisfies some wants in a particular manner long enough, they recur and […] Infant Mortality Rate. Living standard synonyms, Living standard pronunciation, Living standard translation, English dictionary definition of Living standard. | Meaning, pronunciation, translations and examples Find more similar words at wordhippo.com! The standard of living on the other hand is a country’s indication of general comfort, necessities, and, … GDP per capita. Standard of Living What It Means. Factors that determine a standard of living include income, physical health, quality of the environment, housing availability, life expectancy, personal safety, and access to education, medical facilities, and social services. standard of living the general level of economic prosperity in an economy as measured by, for example, the level of per capita income (GROSS NATIONAL PRODUCT divided by the size of the POPULATION).A country's standard of living will depend on such things as its level of economic maturity, investment and productivity and the provision by the government of various social welfare … standard [stan´dard] something established as a measure or model to which other similar things should conform. Standard of living, in social science, the aspirations of an individual or group for goods and services. There are three types of standards in health care: structure, process, and outcome standards. The standard of living is a measure of economic welfare. The standard of living measures our material welfare. ADVERTISEMENTS: Meaning: Standard of living’ refers to the necessaries, comforts and lux­uries which a person is accustomed to enjoy. An ensign or flag used in war. Scientific research is widely claimed to be the source of the high standard of living in the US. standard-of-living | definition: a level of material comfort in terms of goods and services available to someone or some group | synonyms: standard of life, stage, level, degree, point| antonyms: low, mild, high, intense, immoderation 23. Coined in 1902, the term "standard of living" grew popular in early twentieth-century America. Literacy Rate. proportion of population over fifteen that can read and write. n. pl. Alternatively, the term is applied specifically to a measure of the consumption of goods and services by an individual or group, sometimes called “level of living” (what is) as opposed to “standard” (what is desired). Definition of Standard of Living. quality of life; quality and quantity of goods and services available to people in a country. Standard of Living Law and Legal Definition Standard of living is a measurement of material comfort of an individual, group, or nation, as measured by the goods, services, and luxuries available. The term was not a precise measure of how people lived. Structure refers to evaluation of the setting in which care is rendered and the resources that are available. Culture standards of living standards of living Even though the number of people living in poverty is continuing to grow, the majority of British people still have the high standard of living of an industrialized western country. STANDARD, measure. The standard of living refers to the level of wealth, comfort, necessities, and material goods available to a particular geographic area. ‘Childcarers deserve a decent standard of living and parents deserve peace of mind and a decent standard of living too.’ ‘You will have to work harder to get the same products, and your standard of living will be harmed.’ ‘This meant that doctors had to see more patients if they were to maintain a good standard of living.’ Living standard definition: Living standards or living standard is used to refer to the level of comfort in which... | Meaning, pronunciation, translations and examples Standard of Living, as the name suggests is the degree to which a particular socio-economic class can avail the wealth, comfort and material items, in a particular area. When economists talk about the standard of living, they are referring to the average quantity (and quality) of goods and services that people in a country can afford to consume.Since real GDP measures the quantity of goods and services produced, it is common to use GDP per capita, that is real GDP divided by population, as a measure of economic welfare or standard of living in a nation. A weight or measure of certain dimensions, to which all other weights and measures must correspond; as, a standard bushel. Recent Examples on the Web Investment in infrastructure can help raise living standards and realize human rights through improved access to basic services and employment. Goods available to people in a country must correspond ; as, a bushel... The level of wealth, comfort, necessities, and material goods available to people a! Living is a measure of how people lived: standard of living, in social,! Must correspond ; as, a standard bushel examples Find more similar at. 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