Understanding the Standards of Living
The right for an adequate standard of living requires everyone to enjoy the necessary subsistence rights which would be having adequate food and nutrition, housing, clothing and also the necessary conditions of care when required. An essential point is that everyone should be able and without shame or unreasonable obstacles to become a full participant for ordinary and everyday interaction with other people. Which is why it’s important that people are able to enjoy their basic needs in conditions of dignity. No one deserves to live in conditions to where the only way to satisfy their needs is through degrading themselves or in depriving themselves of the basic freedoms such as prostitution, begging or forced labor.
In a purely material term, adequate standard of living means the process of living above the poverty line of where the society concerned, which based on the World Bank includes two elements from which is the expenditure necessary in buying a minimum standard of nutrition and other basic necessities and further amount that varies from country to country, which reflects the cost of participating in the everyday life of society.
The economic, social and cultural rights are the things that instruments and establishes the principle of the progressive realization, where such principle does not exclude with immediate obligations or the steps towards this goal should be taken immediately. In addition to the prohibition of discrimination towards any kind regarding on the access to adequate food, clothing and housing on the grounds of language, sex, race, color, religion, age, political or other opinion, property, birth, national or social origin or other status, with the purpose of nullifying or impairing the equal enjoyment or exercise of this right, which is an immediate application for the states parties to major human rights treaties.
The standard of living of a person is not being determined only by himself or by his desires. It’s crucial that he considers also on what the society expects of him. It simply compromise between what he likes and on what to say to expect.
Quality of life is a high subjective measure of happiness which is a crucial component for many financial decisions. Factors to which plays a role when it comes to the quality of life have its own variations based with your personal preference, but this usually includes financial security, family life, job satisfaction, safety and health. The financial decisions mostly involves trade off where quality of life is decreased in order to help save money or that the quality of life will be increase by spending more money.