• Gross Domestic Product was designed as a measure of economic activity, specifically a measure of national production. Despite this intent, GDP is widely interpreted as a measure of economic welfare or standard of living (when measured in per capita terms).
• What are the shortcomings of using GDP as a measure of economic welfare?
• What would you like to add to (or subtract from) GDP to make it a better reflection of how well people are doing in a nation?
• Find and summarize a news article or opinion piece that supports your opinion and provide the link at the end of your response.