(1)The people's living standard has been greatly raised-|||-in the recent years.

该句子描述了近年来人民生活水平的显著提高。句子使用了现在完成时态，表明这种提高是一个从过去开始并持续到现在的情况。句子的主语是 "The people's living standard"，谓语是 "has been greatly raised"，时间状语是 "in the recent years"。