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What does the term standard of living refer to?

the goods and services that are available to society as a result of industrialization

the level of wealth, comfort, material goods, health, and necessities available to a group

the type of economic system that a group of people follows in everyday life

the model, or standard, of plants and animals that have changed over time

Sagot :

Answer:

Standard of living’ refers to the necessaries, comforts and lux­uries which a person is accustomed to enjoy. In other words, standard of living of the people means the quantity and quality of their consumption.

Answer:

Its the Level of wealth, comfort, material goods, health, and necessities available to a group----B

Explanation: