GDP Per Capita
GDP Per Capita as a Measure of well being
When countries are compared using their GDP per capita important factors such as health, education and quality of environment are not included and thus the overall well being of the nation may not be accurately measured, in order to determine whether this statement is accurate we should compare well being in countries with differing GDP per capita results, we will examine various statistics from the United States, Norway and the Netherlands. Factors such as Health, Education, Unemployment, Banks, Prison Statistics and Wellbeing surveys must all be considered in order to determine whether the above statement is true.
Gross domestic product (GDP) can be defined as the “total market value of all final …show more content…
The World Economic Forum (2009), completed an Executive Opinion Survey asking of members assess the soundness of banks within their country, 7 is a completely sound bank, where 1 is a bank in need of bailout. The rankings for our three countries were as follows.
Soundness of Banks
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Rank Country Score
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20 Norway 6.1
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70 Netherlands 5.2
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108 United States
When countries are compared using their GDP per capita important factors such as health, education and quality of environment are not included and thus the overall well being of the nation may not be accurately measured, in order to determine whether this statement is accurate we should compare well being in countries with differing GDP per capita results, we will examine various statistics from the United States, Norway and the Netherlands. Factors such as Health, Education, Unemployment, Banks, Prison Statistics and Wellbeing surveys must all be considered in order to determine whether the above statement is true.
Gross domestic product (GDP) can be defined as the “total market value of all final …show more content…
The World Economic Forum (2009), completed an Executive Opinion Survey asking of members assess the soundness of banks within their country, 7 is a completely sound bank, where 1 is a bank in need of bailout. The rankings for our three countries were as follows.
Soundness of Banks
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Rank Country Score
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20 Norway 6.1
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70 Netherlands 5.2
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108 United States