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The Living Standard – a Basic Ingredient of the Life Quality

Author

Listed:
  • Claudia Bentoiu
  • Cristina Athu
  • Andreea-Monica Predonu

Abstract

Living standard depends on the economic development level of every country, on the participation at the labour process, on the capabilities, abilities and the quality level of the carried out activities as well as on every person’s position regarding the income sources. Though the two terms are much the same, the living standard is a basic ingredient of the life quality, so that the relation between the living standard and the life quality reflects the connection between a part and the whole.

Suggested Citation

  • Claudia Bentoiu & Cristina Athu & Andreea-Monica Predonu, 2016. "The Living Standard – a Basic Ingredient of the Life Quality," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 8(1), pages 142-144, March.
    • Handle: RePEc:khe:journl:v:8:y:2016:i:1:p:142-144
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