Economic well being is the act of ensuring that all young people are able to access appropriate education, employment and training opportunities and make progress. It ensures that all young people are equipped with essential life skills and have support to move successfully into adulthood and it also enables children and young people to grow up in prosperous communities.
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Economic well being refers to the state of a country's people being: comfortable, healthy, happy, with low standards of living, low rate of unemployment, presence of peace, stability and where the country prospers in all its spheres.
Quality of life (QOL) is the general well-being of individuals and societies. QOL has a wide range of contexts, including the fields of international development, healthcare, politics and employment....