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ABSTRACT: In the present social/economic conditions of our country, the problem of objective analysis and research of the population 's everyday social life, of its wellbeing, offinal consumption and possibilities of satisfying vital necessities, of the living standard and lifestyle, of the quality of life as a whole, becomes more and more present and significant. The notion of "quality of life" aims, on the one hand, the objective conditions in living individuals, and on the other hand, what they think about the individuals. In fact, in its essence, the quality of life implies a qualitative approach to social and human life, as assessed by experts and how it is experienced by the subjects.
KEY WORDS: quality of life, economic standard, satisfaction, financial balance, well-being, income and expenditure.
JEL CLASSIFICATION: Z10.
Quality of life is a contemporary concept that unites individual concerns for happiness with the political objectives of a society based on the responsibility of authorities in front of the citizen and is becoming more and more a goal of social development. All this required a definition as comprehensive approach to quality of life. Thus, the quality of life can be defined by the elements that relate to situations: physical, social, cultural, economic, political, health, etc., in which people live, the content and nature of the activities and the social processes, goods and services to which they have access, consumption patterns adopted the method and style of life, circumstances and results of evaluation activities that correspond to the expectations of the population and the subjective conditions of satisfaction, happiness (Mărginean I.,2005, p.33).
Although the quality of life is not limited to economic standard, the latter is a basic component thereof. Economic standard is the economic basis of individual life. Zamfir Cătălin (1984, pp.77/79) presents several complementary indicators, each of those revealing the economic basis from various perspectives:
1. Total family income (monetary income) is the sum of salaries, pensions, allowances, additional income of a family in a month. A problem relate to incomes is the difficulty of obtaining accurate information from the subjects included in the investigation of the quality of life. The tendency is to under-evaluate the total family income. Salaries are generally accurately reported by the subjects, but the income coming from...