Living Standards Measure
Key Facts
Abbreviation
LSM
Pronunciation
/ˈlɪvɪŋ ˈstændərdz ˈmɛʒər/
Category
Governmental
Related Field
US Government
Examples in Context
- Another more bullish outlook suggests that the concept of productivity as a measure of living standards is now outdated because quality is difficult to measure in public services such as education, and progress is hard to capture in many consumer technologies.
- The tool of labor and the quantity of people's living, particular, good ecosystem environment are the objective standards to measure the level of productivity development.
- This text rounds three place economic situation, social life state and living standards of the people are compared, analyzed, explain that three ground develops the process and potentiality in harmony each other, propose the coordinated development countermeasure measure.
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