Introduction

IS GDP A GOOD OF ECONOMIC

MEASURE WELL BEING?
Inequality in Market
Inequality in Market creates an imbalance
of the domestic product quality

Analysis
Inequality in Market creates unequal
pricing of the similar domestic products

Inequality in Market creates an imbalance of the

market share of the similar companies in the
industry
Environmental Quality

Mass domestic

Analysis
production creates
pollution like toxic
contamination in water

Domestic
production
creates a
negative pressure
on the natural
resources
 Increase in Technology

Help in
mass
domestic
production

Analysis
Quality
control of
products Better
and Fast
Communi
cation
and
delivery
 Health

Increase of
health care
incentives

Analysis
by
governmen
t

Better
health care
facilities
 Education

Analysis
Better education
facilities and
training

Better experience
in work leading
to greater GDP
Positive & Negative changes in the Value of Society

Analysis
Positive Negative
• Higher living • Increase of Inflation
standards • Creating
• Higher purchase unemployment due to
increase in technology
power
Increase GDP

The market Intangible

Discussion
share and aspects such as
customer
growth of the demand,
market’s feedback and
tangible goods competition to

Decrease
improve
 Increase in GDP
might increase
GD the income of
the people for
the time being
P

Discussion
but might not
create welfare in
the long run due
to less
multinational
company and less
competition.
Thank you

end
Any Question?