{"id":4306,"date":"2023-03-19T21:29:20","date_gmt":"2023-03-19T21:29:20","guid":{"rendered":"https:\/\/fisdomdevel.wpengine.com\/glossary\/standard-of-living\/"},"modified":"2023-03-19T21:29:20","modified_gmt":"2023-03-19T21:29:20","slug":"standard-of-living","status":"publish","type":"post","link":"https:\/\/www.fisdom.com\/glossary\/standard-of-living\/","title":{"rendered":"Standard Of Living"},"content":{"rendered":"<p>\nStandard of living of a person refers to their ability to afford necessities and luxuries and is often viewed through their consumption patterns. The most common form of measuring the standard of living of a person is through the GDP per capita of the country. It is calculated as a ratio of the GDP of a country and its total population. Countries having a higher standard of living are ranked as the top countries preferred for residence while countries with a lower standard of living are considered to be poor countries.<\/p>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n<h2><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Standard of living of a person refers to their ability to afford necessities and luxuries and is often viewed through their consumption patterns. The most common form of measuring the standard of living of a person is through the GDP per capita of the country. It is calculated as a ratio of the GDP of [&hellip;]<\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-4306","post","type-post","status-publish","format-standard","hentry","category-investing-essentials"],"_links":{"self":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/comments?post=4306"}],"version-history":[{"count":0,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/posts\/4306\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/media?parent=4306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/categories?post=4306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fisdom.com\/glossary\/wp-json\/wp\/v2\/tags?post=4306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}