Measuring WellBeing MEASURING ECONOMIC WELL-BEING By using Gross Domestic Product as the primary(prenominal) index finger of well-being, many important factors are neglected. As be in the New Merriam-Webster Dictionary, well-being is the state of being happy, wellnessy, or loose (1989, p.831). Economic everyy, perhaps the only relevant state chthonian the description is prosperity, but in reality happiness and health move over a great impact on well-being, noteworthy bounteous to be recognized even when focusing generally on wealth in numbers.
If society hopes to have a to a greater extent accurate and complete indication of well-being, globally or nationally, a new system of measurement must be developed, leave GDP to its original function of totaling the dollar jimmy of all domestically-produced goods and services sold over a achievement of time. maven of the most important factors that is not presently adjudge when conniving well-being the affects of pollution and natural resource depletion. The land...If you trust to induct a full essay, order it on our website: OrderCustomPaper.com
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