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The standard of living in the United States is one of the top 15 in the world by the standard economist measure of standard of living. Per capita income is high. The well-being or quality of life of a population is an important concern in economics and political science. It is measured by many social and economic factors. A large part is standard of living, the amount of money and access to goods and services that a person has; these numbers are fairly easily measured.The economic factors that have led the United States to have one of the highest standards of living are because of the: FREEE ENTERPRISE SYSTEM: In United States, we have the freedom to make decisions about where we work and how we spend our money. We also have the freedom to elect the people who represent our government. Our nation's founders believed that individuals should have freedom of...

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