Question

Select other ways to measure the quality of life in a country besides the real GDP per capita.

Human Development Index
Genuine Progress Indicator
Gross Domestic Product
Index of Social Health

Answer 1

The answer is Human Development Index, Genuine Progress Indicator, and Index of Social Health.

Answer 2

• Human Development Index: The HDI is a summary of achievement in certain dimensions of human development, such as longevity, child mortality, literacy and standards of living. It is used to assess the development of a country.

• Genuine Progress Indicator: The GPI is a metric used to measure the economic growth of a country. It is considered an alternative to measuring GDP. The GPI takes into account activities that can negatively affect economic activity, such as crime and resource depletion.

• Index of Social Health: The Index of Social Health monitors the well-being of American society. It is based on sixteen social indicators: infant mortality, child abuse, child poverty, teenage suicide, teenage drug abuse, high school dropouts, unemployment, weekly wages, health insurance coverage, poverty among the elderly, out-of-pocket health-care costs among the elderly, homicides, alcohol-related traffic fatalities, food insecurity, affordable housing, and income inequality.