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Unit 4: Section 2: Workbook 16: Consumerism and Quality of Life
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In your journal entry from the previous page, you reflected on your quality of life. You must remember that your health, happiness, and security are just as important to your quality of life as your economic well-being.
The term economic well-being refers to standard of living. For instance, a high standard of living means that a high quality and quantity of goods and services are available to support living. This contributes to material well-being.
Although quality of life and standard of living are two different concepts, they are related. Standard of living is one factor used to evaluate quality of life. All elements that influence standard of living have price tags.
In Canada, we can rate standard of living by using statistics such as average income, average number of televisions per household, average number of vehicles per household, and average amount of money spent on entertainment.
standard of living: the quality and quantity of goods and services available and how they are distributed
Vocabulary
Retrieve your Issues for Canadians Definitions handout from your Activities folder.
Add the term standard of living and write a definition. Include icons and symbols that will help you remember the definition.
Return your updated handout to your Activities folder.
Click on the link below and do the following.
https://www12.statcan.gc.ca/census-recensement/2016/dp-pd/hlt-fst/inc-rev/Table.cfm?Lang=Eng&T=101&S=99&O=A
- Examine the median household total income and median household after-tax income statistics for 2015.
- Note the provinces and/or territories that have the highest and lowest incomes in both categories.
When analyzing standard of living, gross domestic product per person (GDP per capita) is often used as a measure. You can use GDP to determine how well off people are.
gross domestic product: the total dollar value of goods and services produced in any given year within a nation's borders
Vocabulary
Retrieve your Issues for Canadians Definitions handout from your Activities folder.
Add the term gross domestic product and write a definition. Include icons and symbols that will help you remember the definition.
Return your updated handout to your Activities folder.
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Based on the graph, which province and territory would have the highest standards of living?
Complete the Standard of Living activity to analyze the statistics in the interactive map and the graph. Click on one of the links below to access the activity.
Real Gross Domestic Product, per capita, by region, (Ottawa: Human Resources and Skills Development Canada, 2006). (12 June 2009). Reproduced with the permission of the Minister of Public Works and Government Services Canada, 2009.
Standard of Living (Word)
Standard of Living (pdf)
Standard of Living (Google Doc)
Save your completed work to your Activities folder.