What Is The Long-run Relationship Between Economic Growth And Quality Of Life? In What Ways Have Living Standards Changed Over Last 150 Years Other Than Through Economic Growth?

NameUniversityCourseTutorDateInternational comparisons by many scholars regarding whole tone of conduct fork up all over the years goed to indicate a beefed-up relationship among economic growth and quality of disembodied spirit . In nerve center , these comparisons have shown that there exists a positivist relationship between gain domestic help reaping and the living standards of individuals in a country . While this whitethorn be thought of as being true granted many researches conducted by many scholars , historical attend run to negate this belief . The measure of receiptss in the quality of life in terms of wellness , education happiness , square levels of living and civil rights tend to be different from that of emolument in gross domestic product per capita income . In shopping center , some indicators of improved gross domestic product guide improvements in the living standards while other(a)s come later these improvements .

On the other hand , different parts of the field experience different levels of quality of life improvements and at other generation , the indicators of quality of life tend to remain smooth scorn huge changes in the level of real per capita income . In this horse sense , there exists strong evidence that points to the fact that improvements in the level of economic growth in most countries does non necessarily yield to improvement in the quality of life lived by citizens in those particular countries (Maddison , 1995 ,. 65Some scholars have argued that improv ement in real gross domestic growth per capi! ta can neer be equated to improvement in the living standards or the quality of life...If you want to rag a full essay, order it on our website: OrderEssay.net

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