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following key dimensions that should be taken into account. At least in principle, these dimensions should be
Material living standards (income, consumption and wealth);
iv. Personal activities including work
Political voice and governance;
vi. Social connections and relationships;
vii. Environment (present and future conditions);
viii. Insecurity, of an economic as well as a physical nature.
All these dimensions shape people’s well-being, and yet many of them are missed by conventional
Several measurement indicators are used to measure human wellbeing and happiness. The Genuine
Progress Indicator (GPI), which replaced the Index of Sustainable Economic Welfare (ISEW), measures “the
sustainability of income and the socioeconomic wellbeing of a nation” ii. The Human Development Index
(HDI), developed by the United Nations Development Program (UNDP), is the most widely used measure of
wellbeing in a country iii. It takes into accou...
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This note was uploaded on 01/08/2014 for the course SUST 510 taught by Professor Marker during the Fall '14 term at Black Hills State University.
- Fall '14