Please first watch the following video and discuss how well GDP explains economic well-being of a country?
1. Please first watch the following video and discuss how well GDP explains economic well-being of a country?
GDP and Economic Well-Being (Links to an external site.)
Links to an external site.
2. Respond to a classmate
Reply to a discussion post from a classmate.
Links to an external site.
Here are some additional resources you can use in this discussion:
On GDP shortcomings http://www.nytimes.com/2008/08/31/weekinreview/31uchitelle.html
Links to an external site.
Quotes on GDP shortcomings http://ec.europa.eu/environment/beyond_gdp/key_quotes_en.html
Links to an external site.
What is the Beyond GDP initiative? http://www.beyond-gdp.eu/key_quotes.htmlLinks to an external site.
Human Development Index http://hdr.undp.org/en/composite/HDI
Links to an external site.
Social Progress Index https://hbr.org/2016/08/why-americans-are-so-angry-despite-americas-strong-economy?referral=00563&cm_mmc=email-_-newsletter-_-daily_alert-_-alert_date&utm_source=newsletter_daily_alert&utm_medium=email&utm_campaign=alert_dateLinks to an external site.
