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In: Economics

Provide an example that GDP is not the perfect measurement of well-being or happiness of people...

  1. Provide an example that GDP is not the perfect measurement of well-being or happiness of people of the nation. Explain the reason.
  2. Explain how we can measure well-being or happiness of people of the nation better. Your suggestion can be alternative or supplemental measurement to GDP or improvement/modification of GDP measurement.  

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Provide an example that GDP is not the perfect measurement of well-being or happiness of people...
Provide an example that GDP is not the perfect measurement of well-being or happiness of people of the nation. Explain the reason. Explain how we can measure well-being or happiness of people of the nation better. Your suggestion can be alternative or supplemental measurement to GDP or improvement/modification of GDP measurement.  
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