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Why GDP doesn’t accurately measure growth and quality of life

Updated : November 11, 2019 12:50 PM IST

Economic goods and services which are produced by nature and not paid for by the consumers do not form a part of GDP.
Too much working age population is still trapped in agriculture (over 45 percent), whereas the share of agriculture in GDP is only about 16 percent.
Why GDP doesn’t accurately measure growth and quality of life

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