Question
There has been significant growth in employment, and increased participation in the labour force over the last 50 years, particularly for women. Women's participation in
"There has been significant growth in employment, and increased participation in the labour force over the last 50 years, particularly for women. Women's participation in the labour force in August 2011 is 59%, almost double that of August 1961 (34%)."
link : h..s@.nsf/Lookup/1301.0Main+Features452012
How do you think this rise affected GDP?
Discuss other aspects of wellbeing that may have increased or decreased along with these changes that are not adequately incorporated into GDP.
In the last two decades, there has also been an increase in the numbers of fathers staying home to look after their children (from a small base). How would this affect GDP?
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