GDP vs Quality of Life Indicator
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GDP vs Quality of Life Indicator
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"GDP vs Quality of Life" is an eye-opening educational video that challenges the traditional understanding of a country's progress solely through Gross Domestic Product (GDP) per capita. It introduces students to broader indicators like the Genuine Progress Indicator (GPI) and the Human Development Index (HDI) that take into account environmental, social, and economic factors for a more comprehensive evaluation of a nation's well-being. The video prompts critical thinking about what truly constitutes a good life beyond monetary measures, emphasizing the significance of assessing quality of life, environmental impact, and social equality for holistic development.
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