Get Started
358

Q:

Which of the following concepts implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing?

  • 1
    Gross Domestic Product
  • 2
    Gross National Product
  • 3
    Gross National Happiness
  • 4
    Net National Product
  • Show Answer
  • Workspace

Answer : 3. "Gross National Happiness"
Explanation :

1. Gross Domestic Product (GDP) is the standard measure of value added created through the production of goods and services in a country during a given period.

2. It also measures the income earned from that production or the total amount spent on final goods and services (less imports).

Previous Next
GK Economics GK

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today