Question

The World Values Survey, a group of international social scientists, who ranks the well-being of society based on social indicators ranks Puerto Rico higher than the United States. This approach to measuring well-being is similar to the approach that is called _______.

Answer 1

Answer:

Genuine progress indicator.  

Explanation:

The genuine progress indicator is a matrix that calculates the economic growth of a country. It is alternate to the GDP. The GPI everything that GDP has been used but as well as it adds other figures that represented the negative figures of economic growth.  

The GPI tells about the negative and positive both aspects of economic growth. It also benefited all the people around us.  

• It is a national level tool that measures economic growth
• It is alternative to the GDP
• GPI is the better growth measurement from GDP