QUESTION IMAGE
Question
which term describes the level at which a group of people lives, measured by the degree to which needs are met?
standard of living
productivity
gross domestic product
sustainability
Brief Explanations
- Standard of living refers to the measure of a group's quality of life based on how well their needs (basic and beyond) are fulfilled.
- Productivity measures output per unit of input, not living conditions.
- Gross domestic product (GDP) is the total value of goods/services produced in an economy, not a direct measure of living standards.
- Sustainability focuses on meeting present needs without harming future generations, not the current level of needs met.
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standard of living