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How is Gross Domestic Product capturing the economic dimension of human well-being?

GDP (Gross Domestic Product) only captures the economic dimension of human well-being. All countries along with identical per capita $PPP may experience extensively different as:

a. Environmental impact of negative externalities and growth

b. Working hours as well as levels of stress

c. Distribution inequalities into income, health and education among the social classes and also geographical regions

d. Sustainability comprising depletion of natural resources and also social inclusion

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9579701

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