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The amount of satisfaction we have with our lives, taking into account both material and non-material wealth.
People will get the most amount of satisfaction when they have both material and non-material wealth. It should be balanced. Having satisfaction with both material and non-material aspects of life is part of a high quality of life.
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A way of measuring quality of life using life expectancy, GDP, and other factors.
We can measure quality of life using quality of life scale.