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Showing posts from January 2, 2024

Does happiness comes by GDP?

 The concept of richness that has been used to countries after the Second World War is production and sales combined with a high degree of economic commerce. Economic growth is the sole source of well-being as it is tangible and financial. But it has been heavily criticised to use one characteristic alone to determine a nation's prosperity. New definitions of wealth that go beyond financial riches have also been proposed, as has the addition of happiness and well-being as measured by Bhutan's gross national happiness index. We can identify concepts like the satisfaction of basic needs like food, housing, health, education, culture, and involvement in community life that are perceived as opportunities for individual and collective growth, rather than as deficiencies, despite the varying perspectives that the authors and organisations endorsing these ideas apply to them. Equal opportunity, gratifying employment, conservation of natural resources, and a safe living environment are...