Standard of living*

Standard of living is only one aspect of quality of life. It is a common measure of the quantity and quality of goods and services. Standard of living consists of a few things. The resources that are available to you and what is provided for you. It also depends on how hard you work and the kinds of jobs that are available to you.

Standard of living and Quality of life are often mistaken for the same thing. And this is proven in many peoples terminology. Before even writing this I even said to myself, "What is the difference? Quality of life includes more than just property material and other resources. It is peoples desire to improve the way they live. Some of the things included in this are a clean environment, personal safety, political rights, and the ablity to have your rights met.

For example every person has a right to certain things, this would be their quality of life. Their standard of living would be the quality of the goods they receive or gain. Globalization in some people’s opinion has improved the standards of living and quality of life. Others argue that it is having ill affects on their quality of life and standard of living.

A huge example of the different affects of globalization due to this is Asia and Africa. Asia and Africa. At one point a while ago they were the same in poverty percentage. Asia now has passed Africa and gotten out of poverty because they embraced globalization and by doing so improved their standard of living as a country.

Africa is still now suffering because economically they have stayed still these past years and not embraced what could have improved their standard of living and quality of life dramatically. It is a big change between two countries that were in the beginning in the same boat.