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What is false about the difference between standard of life and quality of life in terms of Globalization?

  • Standard of life is referring to the material things while quality of life is the non-tangible things a person has achieved in life
  • Globalization has a different effects on an individual in terms of standard of living and quality of life
  • Standard of living is the level of wealth of an individual while quality of life is the degree which a person enjoys his life
  • Standard of living pertains to the geographic area of an individual while Quality of life pertains to the level of the country he is living on Correct
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