How Does Gross National Happiness Differ From GDP?
Автор: Macroecon Experts
Загружено: 2025-12-04
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Ever wondered if there's a better measure of a nation's prosperity than just its economic output? This video delves into the fundamental differences between Gross National Happiness (GNH) and the more traditional Gross Domestic Product (GDP).
Discover the core distinctions that set these two national indicators apart:
► GDP focuses purely on economic activity and monetary value of goods and services.
► GNH offers a holistic framework, encompassing nine domains of well-being, including psychological health, ecological diversity, and good governance.
► While GDP quantifies material production, GNH aims to measure the collective well-being and happiness of a population.
► Learn why some nations are shifting towards broader measures like GNH to achieve sustainable and equitable development.
#GNHvsGDP, #NationalHappiness, #EconomicIndicators, #WellbeingEconomy, #Macroeconomics
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