Business & Economics Books:

How Environmental Factor Influences Social Economy


Paperback / softback

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How Environmental Factor Influences Social Economy by Johnny Ch Lok
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McGregor & Goldsmith (1998) explained that " quality is life is relative and difference between individuals, but it can be perceived as the level of satisfaction or confidence with one's conditions, relationships and surroundings relative to the available alternatives. The concept of quality of life is multifaceted. Quality of life consists of among other things: hope for the future, land, adequate food, clothing, shelter, income, employment opportunities, maternal and child health, and family and social welfare." The concept of quality of life is indeed multi-dimersional, complex and very subjective. For example, someone who has changed their consumptin habit to better ensure that their choices with make a better quality of life for themselves, the environment and future generations, may be seen by others as having a lower or inferior quality of life since which have removed themselves from the materialistic mainstream characteristics of our consumer society. Someone may feel that an absence of violence and abuse in their life and natural fresh air and clean water good quality supply can lead to even though who have fewer tangible resources, money or shelter; peace of mind and freedom from abuse has increased the quality of their daily life relative to what it was like before.Otherwise, standard of living is often equated with quality of life, but it is not the same thing. A standard of life is a way of life to which a group of people are accustomed. Some people's standard of living includes only basic food, clothing, shelter and safety. Other people expect to eat at expensive restaurants, wear designer clothes, live in huge homes and travel extensively. Different people expect and want different things, who have different standards, which are very much shaped by values, goals, money, past experience and socialization. However, standard of living are most commonly assessed in terms of annual household income levels and to a lesser extent, wealth, community assistance, family contributions, special family needs, distribution of income within the family or household and geographic location.Thus, it seems that standard of living or GDP alone is not a good measure of quality of life.
Release date Australia
July 7th, 2019
Independently Published
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