standard of living

standard of living
Date: 1902 1. the necessities, comforts, and luxuries enjoyed or aspired to by an individual or group 2. a minimum of necessities, comforts, or luxuries held essential to maintaining a person or group in customary or proper status or circumstances

New Collegiate Dictionary. 2001.

Look at other dictionaries:

  • Standard of living — The standard of living 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. It is generally measured by standards such as income inequality,… …   Wikipedia

  • Standard of living in India — Although standard of living in India is modest and is constantly improving, India suffers from substantial poverty with 27.5% of the population living below the poverty line in 2004 ndash;2005. [ [ …   Wikipedia

  • Standard of living in the United States — The standard of living in the United States is one of the top 20 in the world by the standards economists use as measures of standards of living. Per capita income is high but also less evenly distributed than in most other developed countries;… …   Wikipedia

  • Standard of living in Japan — In the postwar decades, Japanese consumers have benefited from the nation s economic growth, while in turn they have stimulated the economy through demand for sophisticated products, loyalty to domestically produced goods, and saving and pooling… …   Wikipedia

  • Biological standard of living — The Biological Standard of Living indicates how well the human organism itself thrives in its socio economic and epidemiological environment. It captures the biologically relevant component of welfare, well being or the quality of life. It… …   Wikipedia

  • Cost of living — For other uses, see The Cost of Living (disambiguation). Cost of living is the cost of maintaining a certain standard of living. Changes in the cost of living over time are often operationalized in a cost of living index. Cost of living… …   Wikipedia

  • cost of living — Date: 1826 the cost of purchasing those goods and services which are included in an accepted standard level of consumption …   New Collegiate Dictionary

  • Cost of living index — A cost of living index is a theoretical price index that measures relative cost of living over time. There are many different methodologies that have been developed to approximate cost of living indexes, including methods that allow for… …   Wikipedia

  • Living wage — is a term used to describe the minimum hourly wage necessary for a person to achieve some specific standard of living. In developed countries such as the United Kingdom or Switzerland, this standard generally means that a person working forty… …   Wikipedia

  • Living — may refer to:*Life, a condition that distinguishes organisms from inorganic objects and dead organisms *Personal life, the course of an individual human s life *Living wage, refers to the minimum hourly wage necessary for a person to achieve some …   Wikipedia

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