Understanding The Difference of Living Standards & Standard of Living

The American life-time style has been very a good deal become by their scrimping. Nearly every(prenominal) aspects of American, and for that matter the rest of the worlds, life support been changed by their economys in around right smart, shape or form. Everything from the beds we sleep on, to the food we eat, to the jobs we aquire to make ends meet is continuously shape by the antithetic economies each respective country has.So what is prime(a) of life anyway? There argon probably a super acid different answers to that question, but they all point in the same direction. forest of life means how happy you ar with the lifestyle you have. Are you infelicitous because you dont have the belongings you privation, or are you abruptly happy being without them, and believe in just enjoying life for what it is. tone of voice of life is a measure of your social, economic and mental well being. type of keep is more or lessthing totally different from attribute of life. Al though they sound the same and the meanings of the scatter words are similar, each phrase has its own meaning. The regular of your living may affect your standard of life though. Standard of living means the natural possessions you have. It is the degree you are able to satisfy your material wants and urgencys.First, to understand how the concomitant that the United States is a market economy affects the reference of life there, it helps for you to know some history on the subject. When the United States counterbalance started there was practically no secondary industry, this was because there hadnt been a need for it before then. All the States did was harvest the raw goods from the land and deceive them back to the mother country. There wasnt any need to have any secondary industry. This all changed when they became a separate country. Later on when the British industrial revolution was about at its diaphragm the American revolution kicked in. this changed the secondary i ndustry from a cottage found industry to a factory based industry with the introduction of machines that could do the work of several men. The farmers started to move out of the country and in to the handsome cities, where all the work was. Eli Whitney can be credited with the mass fruit of interchangeable parts.Unfortunately, this system created a feeling of alienation. The workers in the the factorys were in a totally different social class than the managers. This gap along with the fact that they didnt feel like they were part of the coroporation, a corporation acts as a single fictcios person, the workers didnt feel like they were part of this person. The select of life of the workers at these factories went down. They felt alienated at work, then they went property to poor housing conditions, malnutrition and virtually no social mobility. Although they werent most as bad as in Britain. The producers were happy though they were qualification lots of money and more and bet ter products than ever before.This leads to the next electric receptacle of the relations between the labor force and management. This affects how people get the products, and how some people work, thus affecting the quality of life of many American citizens. Labor and management often have contrarietys because the two groups have different views on how things should work. Management wants to keep production costs at a minimum, and therefore giving workers a low wage, while labor workers want postgraduate wages and lots of benefits for themselves. When the two groups have a disagreement and go into talks they try to find the answer to one naive question, what should be the terms and conditions of employment? and depending on their respective answers, they agree or disagree. These decisions determine the relationship of these two groups.There are many risks in business enterprise, especially if you are the proprietor behind a proprietorship. This kind of business means you stand to lose or gain the most. If this fact is do too much stress, your quality of life may go through the floor. But if you are the kind of person who values money very highly, your quality of life may go up when you have the experience that you may be able to make that much money. There are always ways to get around the risks of business there are exemptions to every rule. There is always to lose too though.Since the great depression, presidency has had much more to do with the economy than it used to. The disposal has much more to do with the American citizens life since the great depression. This bothers some people, but others like the security of being under the governments protective wing. The government has decided to exert more reign overl because they want to pose the fluctuations of the business cycle. The government now makes laws and regulations to restrain the country. There are as well many more social programs now, which some people couldnt resist without. These were developed because people were losing money and jobs over things which they didnt have control over, like market fluctuations.The consumer has a very important role in the economy, and so in there own standard of living, and even in there own quality of life. Some people are scarcely happy when they have the material possessions, while others have no need of material things to make them happy. The people who need the possessions put a high regard to what the role of an American consumer is. Things like complaining when something is unsatisfactory, and becoming certain about which products to buy.Every country has an economic system, and economic systems affect lifestyles, quality of lives, and standards of living. An economy can affect life much the way a climate can. In fact, an economy is actually a kind of climate. An economy can change, fluctuate and cause harm much the same way a weather climate can. The united states has used all levels of government and private enterpr ise to ensure an adequate quality of life for all of its citizens. The market economy is allowed to function by the government as long as it supports the common good, or quality of life.