Economy, asked by pdkalsaria, 2 months ago

What should be available all to improve living standard

Answers

Answered by MasterNIV
0

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Answered by sharmapriyanshi913
0

Answer:

Standard of living is the level of comfort, material goods, and other whims available[clarification needed] to a person or group. For the purposes of economics, politics and policy, it is usually compared across time or between groups defined by social, economic or geographical parameters. Standard of living includes factors as a whole quality and availability of employment, class disparity, poverty rate, quality and housing affordability, hours of work are required to purchase necessities, gross domestic product, inflation rate, amount of leisure time, access to and quality of healthcare, quality and availability of education, literacy rates, life expectancy, occurrence of diseases, cost of goods and services, infrastructure, access to, quality and affordability of public transportation, national economic growth, economic and political stability, freedom, environmental quality, climate and safety. Standard of living is closely related to quality of life.[1]

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