The pitfalls of GDP – When growth isn’t everything
Gross domestic product, or GDP, only tells half the story. It shows the value of all goods and services, but doesn't consider factors like quality of life, happiness or the environment. We look at the pros and cons of using GDP to measure wealth.
The pitfalls of GDP – When growth isn’t everything
Gross domestic product, or GDP, only tells half the story. It shows the value of all goods and services, but doesn't consider factors like quality of life, happiness or the environment. We look at the pros and cons of using GDP to measure wealth.