Izvestiya of Saratov University.
ISSN 1994-2540 (Print)
ISSN 2542-1956 (Online)

social standard of living

Function and Importance of Service Industry in the Process of Evaluation of the Social Level of Living

The author considers the methodical problems concerning the social standards of living. Special attention is given to the effects of the service industry activity on the index of development of human potential. Nonmonetaized indication – precisely, share of people employed in this particular industry – is offered as an indication for calculation of the results of the service industry activity.