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What Do the GDP and the World Bank Both Fail

question 80

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What do the GDP and the World Bank both fail to include in their measures of wealth?


Definitions:

Critique

The act of evaluating or analyzing something critically, often with an emphasis on identifying its merits and faults.

Morale

Morale is the capacity of a group's members to maintain belief in an institution or goal, particularly in the face of opposition or hardship.

Stereotype

A widely held but fixed and oversimplified image or idea of a particular type of person or thing.

Generalized Belief

A widely held opinion or conviction that is not specific to a particular instance but applies across many situations.

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