Respuesta :
Answer:
The biggest difference between it and GDP is what they class as costs and what they class as benefits. For instance:
Crime: GDP counts this as a benefit because it gives rise to property repairs, legal and medical fees etc; GPI counts it as a cost because it damages to people’s lives and leads to stress.
Volunteer Work and Education: GDP totally ignores these because no money changes hands; GPI values of both as a benefit for a growing economy.
Resources and Pollution: GDP counts both of these as an income, pollution twice over (once for creation and once for cleanup!); GPI counts both as costs.
Advantages of Using GPI GDP doesn't take into account negative externalities of growth. Higher GDP may lead to a large rise in pollution, crime and congestion leaving people with lower economic welfare and lower levels of happiness. Therefore, GDP can be misleading as an account of economic welfare. Today, the predominance of GDP as a measure of economic growth is partly because it is easier to quantify the production of goods and services than a multi-dimensional index can measure other welfare achievements. Precisely because of this, GDP is not, on its own, an adequate gauge of a country's development. Warning dont copy all of this i did this to give you some ideas.
hope this helps :)
can i have a brainlitst pls :)
