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  3. Standard of Living vs. Quality of Life When you think about standard of living, you can think about things that are easy to

Standard of Living vs. Quality of Life When you think about standard of living, you can think about things that are easy to

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答案 Standard of Living vs. Quality of Life When you think about standard of living, you can think about things that are easy to quantify. We can measure factors like life expectancy, inflation rate and the average number of paid vacation days workers receive each year, for example. Quality of life is more subjective and intangible. What would be considered a good quality of life by one person may not be considered as such by another. The main difference between standard of living and quality of life is that the former is more objective, while the latter is more subjective. Standard of living factors such as gross domestic product, poverty rate and environmental quality, can all be measured and defined with numbers, while quality of life factors like equal protection of the law, freedom from discrimination and freedom of religion, are more difficult to measure and are particularly qualitative. Both indicators are flawed, but they can help us get a general picture of what life is like in a particular location at a particular time.
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