Scribd Logo
Upload

Welcome to Scribd!

  • 14 views

    Bahasa Inggris

    Uploaded by

    Aldi ansyah
    The document discusses whether GDP is a perfect measure of welfare. While GDP can describe average income, it does not account for factors like health, education, environment, volunteering, and quality of life. Western parts of Indonesia contribute more to GDP growth due to proximity to economic centers in Singapore and Malaysia.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Bahasa Inggris

    Uploaded by

    Aldi ansyah
    14 views1 page
    The document discusses whether GDP is a perfect measure of welfare. While GDP can describe average income, it does not account for factors like health, education, environment, volunteering, and quality of life. Western parts of Indonesia contribute more to GDP growth due to proximity to economic centers in Singapore and Malaysia.

    Original Description:

    Tugas bahasa inggris

    Original Title

    BAHASA INGGRIS

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document discusses whether GDP is a perfect measure of welfare. While GDP can describe average income, it does not account for factors like health, education, environment, volunteering, and quality of life. Western parts of Indonesia contribute more to GDP growth due to proximity to economic centers in Singapore and Malaysia.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    14 views1 page

    Bahasa Inggris

    Uploaded by

    Aldi ansyah
    The document discusses whether GDP is a perfect measure of welfare. While GDP can describe average income, it does not account for factors like health, education, environment, volunteering, and quality of life. Western parts of Indonesia contribute more to GDP growth due to proximity to economic centers in Singapore and Malaysia.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    A.

    GDP is a perfect measure of welfare

    Do you agree or disagree with the statement?

    ANSWER

    GDP can describe the average income of each person in the economy of a country in a
    certain period. In terms of GDP is the best tool in measuring how much goods and
    services can be enjoyed by residents of a country. Logically, the higher a person's
    income, the higher his life, which means the more prosperous.

    However, some have questioned the validity of GDP as a measure of well-being.


    Among them the question whether “Gross Domestic Product does not measure
    children's health, quality of education, or their freedom. GDP does not measure the
    health of our children, but Countries with larger GDPs can provide better health care.
    GDP does not measure the beauty of poetry, but a country with a larger GDP can
    provide education for its citizens so that they can read and enjoy poetry. GDP doesn't
    take into account intelligence, integrity, courage, decision-making, or loyalty to our
    Country, but all these laudable things are easier to cultivate when people are less
    worried about their ability to make ends meet in life.

    In addition there are several other reasons why GDP is a perfect measure of well-being:

    GDP does not include goods and services produced and consumed within
    households. For example, child care in care centers is part of GDP, while child care
    itself is not part of GDP. Volunteering also contributes to the welfare of society, but GDP
    does not take this contribution into account. GDP does not include environmental
    quality. If the environment is removed, companies will produce goods and services
    arbitrarily without considering the pollution they cause. GDP will increase rapidly but
    welfare may decline. The decline in air and air quality will be much greater and in the
    profits derived from large production.

    One of the salient characteristics of Indonesia is that the western part of the
    country has a significantly larger contribution to GDP growth. Java (particularly the
    Greater Jakarta area) and Sumatra, together, contributed to increasing Indonesia's total
    GDP. The main reason for this situation is that the western part of Indonesia is located
    close to Singapore and Malaysia. The third country in the course of history has worked
    as a center of economic activity in Southeast Asia.

    You might also like