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- Standard of living is a measure of the quality of life of people in a country. One example of measuring standard of living is the United Nations' Human Development Index (HDI), which scores 189 countries based on factors including life expectancy at birth, education, and income per capita1. Some countries that consistently score high on the HDI include Switzerland, Denmark, Netherlands, Finland, Iceland, Austria, and Germany2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Standard of Living Example One measure of standard of living is the United Nations' Human Development Index (HDI), which scores 189 countries based on factors including life expectancy at birth, education, and income per capita.www.investopedia.com/terms/s/standard-of-living.aspStandard of living is measured in different ways, but some countries that consistently come up high include Switzerland, Denmark, Netherlands, Finland, Iceland, Austria, and Germany.www.thebalancemoney.com/standard-of-living-330…
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WEBFeb 7, 2023 · The standard of living in the United States is a measure of how well people and families are doing. It looks at things like how much money they make from wages and income, help they get from the …
WEB“A standard of living is the level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class or a certain geographic area. The standard of living includes basic material factors …
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