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