SOCIO-ECONOMICESSENCEANDCLASSIFICATIONOFTHESTANDARDOF LIVING OFTHEPOPULATION

Abstract

The set of goods necessary for human life includes various needs, such as working conditions, education, health care, food, and housing. The level of satisfaction of human needs depends on the level of individual and family income of members of society. The standard of living can be considered at the national level (for the entire population) and at the stratified microlevel (for a separate group of the population). The first approach allows for a comparative analysis of the standard of living of the population in different countries by determining the gross domestic product per capita.