Measuring WellBeing

Measuring WellBeing MEASURING ECONOMIC WELL-BEING By using Gross Domestic Product as the primary(prenominal) indicant 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 everyy, perhaps the only relevant state chthonian the commentary is prosperity, but in reality happiness and health cast a great impact on well-being, noteworthy decorous to be recognized even when focusing generally on wealth in numbers.

If society hopes to have a much accu rate 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. iodin of the most important factors that is not presently adjudge when calculate well-being the affects of pollution and natural resource depletion. The land...If you trust to lead off a full essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper