To what extent does GDP per capita measure a country's standard of living.
article from the lesson are here and here
Also, look to the right and click on the 'living standards' label and click on the label which says 'economic growth' for more articles
2 comments:
Is it OK to ask for a clear definition of ‘standard of living’? If it’s just defined as how much income one receives or how much wealth one has (as it appears to be) then all this happiness stuff mentioned is irrelevant to the essay.
The internet didn’t really help me out…
Standard of living includes wealth , access to educaton, health, longevity and happiness. Despite what the Internet says. Use economist.com for definitions
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