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Standard of living

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  1. 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

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 7, 2008
  2. generally measured by standards such as income inequality, poverty rate, real (i.e. inflation adjusted) income per person

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 7, 2008
  3. Other measures such as access and quality of health care, educational standards and social rights are often used as well

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 7, 2008
  4. Examples are access to certain goods (such as number of refrigerators per 1000 people), or measures of health such as life desires

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 7, 2008
  5. the ease by which people living in a time or place are able to satisfy their wants

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on December 7, 2008
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