Is GDP a good measure of the prosperity of the average person?

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11-06-2015
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Is GDP a good measure of the prosperity of the average person?

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HistoryGuy HistoryGuy · Answer 1 · 2015-06-12T12:09:37-04:00

HistoryGuy HistoryGuy

12-06-2015

In short, no, GDP is not a good measure of the prosperity of the average person, since it only looks at the total output of goods and services consumed in an entire nation.

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