A Beginners Guide To Resources

Understanding the Standards of Living

The right to an inadequate to standard of living will need a minimum that everyone enjoys the necessary subsistence rights which are: clothing, adequate food and nutrition, housing and also the necessary conditions of care when needed. The important thing is that everyone should be able to without shame and without unreasonable obstacles to become ordinary in everyday interaction with other people. Which is why it’s important that people are able to enjoy their basic needs in conditions of dignity. No person deserves to live in conditions to where the only way to satisfy their needs is in degrading themselves or in depriving themselves from the basic freedoms, through forced labor, prostitution or begging.

When it comes to material terms, adequate standard of living simply means living above the property line of the society’s concern, which according to the World Bank includes two basic elements, which is the expenditure necessary in buying a minimum standard of nutrition and other basic necessities and further amount that varies from every country, which reflects on the cost of participating in everyday life of society.

The social, economic and cultural rights are the things which instruments and establishes the principle of the progressive realization, and such principle don’t exclude the immediate obligations or the steps towards this goal should be taken immediately. Another addition would be on the prohibition of discrimination of any kind regarding to any access to adequate clothing, food or housing on the grounds of color, sex, grounds of race, age, language, religion, politics or other opinion, property, national or social origin, birth or other status with the purpose of nullifying or impairing the equal enjoyment or exercise of its right, which is an immediate obligation for state parties to the major human rights treaties.

The standard of living of a person is not being determined only by himself or by his desires. He also needs to consider what the society expects of him. This is considered to be a compromise between what he likes and on what society expects.

The quality of life is actually highly subjective measure of happiness to which is a crucial component towards various financial decisions. Factors to which plays a role in quality of life will vary based on your personal preference, but it usually includes financial security, family life, job satisfaction, safety and health. The financial decisions mostly involves trade off where quality of life is decreased in order to help save money or that the quality of life will be increase by spending more money.