The "standard of living" refers to the level of wealth, comfort, and access to goods and services that individuals or communities enjoy. It is often measured by factors such as income, employment, and housing quality. A higher standard of living typically indicates better access to essential resources like healthcare, education, and clean water. Various indicators, such as the Gross Domestic Product (GDP) per capita and Human Development Index (HDI), help assess the standard of living in different regions. Countries with a high standard of living usually provide their citizens with better opportunities for personal and economic growth, leading to improved overall well-being.