Living standards Flashcards
1
Q
Quality of life?
5
A
=how happy someone is =well being =how safe they feel =harder to measure =everyone had different values so it is difficult to know how one particular thing will make someone feel
2
Q
Standard of Living?
4
A
=measured in possessions
=eg: HOW MANY cars they own
=eg: HOW MUCH money they earn
=it indicates quality of life but cannot guarantee it