Final answer:
The perception of quality varies between industrialized and less-industrialized countries due to different socio-economic factors and macroeconomic policies. It is vital to understand each country's unique context and avoid ethnocentric views when comparing standards of living.
Step-by-step explanation:
The perception of quality as related to standards of living is influenced by various factors, including unemployment, inflation, balance of trade policies, health, and education. While many economies aim to maintain a high quality of life for their citizens, each country has its own unique experiences that shape its macroeconomic policies. Thus, the perception of quality is not universally the same between highly industrialized and less-industrialized countries. Furthermore, it is essential to avoid an ethnocentric bias and recognize that terms like 'developing' and 'developed' can imply a hierarchy that does not accurately reflect the aspirations or circumstances of less-industrialized nations.