living standards measurement study

The Living Standards Measurement Study (LSMS) is a research initiative that collects detailed data on households’ well-being, such as income, health, education, and access to services. It helps governments and organizations understand what affects people's quality of life and how resources are distributed. By analyzing this information, policymakers can design better programs to improve living conditions, reduce poverty, and promote sustainable development. Essentially, LSMS provides a comprehensive picture of how people live and what they need to thrive, guiding informed decisions for social and economic progress.