standard of living

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standard of living

A family enjoys a high standard of living in their comfortable home.

Definition

Noun: - A level of material comfort in terms of goods and services available to someone or some group: This refers to the degree of wealth, material comfort, and access to services and goods that a person, family, or community has. It is a measure of economic well-being.

Usage

The term "standard of living" is used to describe and compare the economic welfare of individuals, households, or populations. It is a common metric in economics and sociology. - It is typically used with verbs like have, enjoy, raise, improve, lower, and compare. - It is often modified by adjectives like high, low, rising, falling, decent, or basic.

Examples
  • The government's policy aims to raise the standard of living for all citizens.
  • A high standard of living is often associated with access to quality healthcare and education.
  • Economic crises can lead to a declining standard of living.
  • Researchers compared the standard of living across different regions.
Advanced Usage
  • "Standard of living" vs. "Quality of life": While "standard of living" focuses on material and measurable factors (income, goods), "quality of life" is a broader concept that includes health, environment, and emotional well-being.
    • A country may have a high standard of living but a lower quality of life if pollution is severe.
Variants and Related Words
  • Living standard: A less common but synonymous phrase.
    • Living standards have improved over the decade.
  • Cost of living: A related but distinct term referring to the amount of money needed to sustain a certain standard of living, covering basics like food, shelter, and taxes.
    • The cost of living is higher in metropolitan areas.
Synonyms
  • Economic well-being
  • Level of prosperity
  • Material comfort
Antonyms
  • Poverty
  • Destitution
  • Hardship
Related Idioms and Phrases
  • The rat race: A relentless pursuit of a higher standard of living, often at the expense of personal time and happiness.
    • He quit the corporate rat race to seek a simpler life, even if it meant a lower standard of living.
  • Keeping up with the Joneses: Trying to match the standard of living or possessions of one's neighbors or peers.
    • Their debt increased from constantly trying to keep up with the Joneses.
standard of living

A family enjoys a high standard of living in their comfortable home.

Noun
  1. a level of material comfort in terms of goods and services available to someone or some group
    • they enjoyed the highest standard of living in the country
    • the lower the standard of living the easier it is to introduce an autocratic production system

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