Standard of living often refers to material measures of well-being. As such, it is distinct from quality of life - quality of life, of course, is more important, but harder to measure, and less often used as a factor in economic debates.
Standard of living often refers to material measures of well-being. As such, it is distinct from quality of life - quality of life, of course, is more important, but harder to measure, and less often used as a factor in economic debates.
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Language | English (en) |
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Created | October 25, 2009 by Chris Watkins |
Modified | March 2, 2022 by Page script |
Cite as | "Standard of living". Appropedia. 2009–2022. Retrieved November 29, 2023. |
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