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 an(prenominal) scholars regarding caliber of biography puzzle everyplace the years carryed to indicate a strong relationship amidst economical growth and calibre of life . In onus , these comparisons have shown that there exists a positive relationship amongst gross tolerate servant harvest-time and the living standards of individuals in a unpolished . While this may be thought of as be true given many researches conducted by many scholars , historic experience tend to negate this belief . The quantify of avails in the quality of life in terms of health , learning happiness , material levels of living and civil rights tend to be different from that of improvement in gross internal product per capita in spot . In essence , some indicators of improved gro ss domestic product precede improvements in the living standards while other(a)s come after these improvements .

On the other hand , different separate of the founding experience different levels of quality of life improvements and at other times , the indicators of quality of life tend to hold on silent despite huge changes in the level of truly per capita income . In this sense , there exists strong evidence that points to the fact that improvements in the level of economic growth in or so countries does not necessarily translate to improvement in the quality of life lived by citizens in those particular coun tries (Maddison , 1995 ,. 65Some scholars ha! ve argued that improvement in real gross domestic growth per capita mass never be equated to improvement in the living standards or the quality of life...If you want to get a full essay, rules of order it on our website: BestEssayCheap.com

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