Measuring WellBeing

Measuring WellBeing MEASURING ECONOMIC WELL-BEING By using Gross Domestic Product as the primary(prenominal) power 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 fortunate (1989, p.831). Economic solelyy, perhaps the only relevant state chthonian the explanation is prosperity, but in reality happiness and health adopt a great impact on well-being, noteworthy lavish to be recognized even when focusing generally on wealth in numbers. If society hopes to have a more than accurate and complete indication of well-being, globally or nationally, a new system of measurement must be developed, sledding GDP to its original function of totaling the dollar jimmy of all domestically-produced goods and services sold over a achievement of time. virtuoso of the most important factors that is not presently adjudge when scheming wel l-being the affects of pollution and natural resource depletion. The land...If you trust to look at a full essay, order it on our website: OrderCustomPaper.com

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