Standard of living
ID:CVSOL
Video Overview
In this tutorial, you will be given a better understanding of what we mean when we refer to the “standard of living.” Simply put, the “standard of living” is the resources available which influence the way a person lives. It is the measure of a specific socio-economic class in a certain geographic area in relation to wealth, material goods and necessities. It also relates to comfort, quality of employment, and the quality and affordability of housing, education and healthcare.
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