Write a Report That Shows the Connections Between Economic Growth, Wealth, Health and Happiness.

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Write a report that shows the connections between economic growth, wealth, health and happiness. Contents 1. Introduction 2 2. Scientific perspectives on wealth and happiness 2 2.1 Supporters 2 2.2 Opponents 3 3. Issues of definition and measurement 4 3.1 GDP 4 3.2 GNH 4 3.3 HDI 5 3.4 Alternative methods 5 4. Conclusion 7 5. References 8 1. Introduction This report provides an overview of different scientific perspectives and their particular types of measurement concerning economic growth and happiness. Economic growth involves the rise of output in an economy by using gross domestic product (GDP) to measure ‘the total value of everything produced in an economy in a time period (…)’ (Fribbance, 2009, p. 21) Research on happiness outlines the limitations and complexity of people´s well-being on a global basis. 2. Scientific perspectives on wealth and happiness The claim that there are connections between economic growth, wealth, health and happiness has led scientists to conduct research on this topic. There are various findings either supporting or opposing the claim that one factor has an impact on the other. 2.1 Supporters of the more wealth = more well-being claim Indur Goklany: The improving state of the world: Why We Are Living Longer, Healthier, More Comfortable Lives on a Cleaner Planet Stevenson and Wolfers: Economic Growth and Subjective Well-Being Goklany points out that people live in a better place now

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