Standard of Living What is it? What are some of your ideas about this term? Record your thoughts in a mind web to brainstorm what this could mean in your notebook Start a new page in your notebook and title it Standard of Living Standard of Living Throughout this presentation you will record your own assumptions, generalizations, vocabulary notes and illustrations, and reflections. Standard of Living The quality of life in a country in terms the necessities, comforts and luxuries present in that country. A nation?s overall standard of living can create assumptions of their leadership qualities or abilities. Often we assume the ?answers? come from the more developed nations, but isn?t that how S. America develops such a large gap in their standard of living?