Standard of living: Standard of living refers to the level or amount of wealth/material possessions enjoyed by an individual or group. It includes income levels, access to basic necessities (food/shelter), consumer goods/services.
Social capital: Social capital represents the value derived from social relationships/networks within a community or society. It includes trust, cooperation, and shared values that lead to collective benefits.
Well-being: Well-being encompasses an individual's physical, mental, and emotional state of being. It reflects their overall happiness, life satisfaction, and sense of fulfillment.