Economy, asked by jump, 1 year ago

why is there need to have non economic indicators of development

Answers

Answered by Lipimishra2
35
The non-economic indicators of development are the environmental and social factors of development that aren't based on a conventional economic statistics.They play a great role in developments in our lives.Only income and GDP growth does not count in welfare. This non-economic indicators focuses and is the analysis on health, environmental cleanliness,quality or pollution, individual and collective security, discrimination. They're is a need of non-economic indicators of development. Indicators that reflect better sustainable info on human welfare help in providing personal and collective security, sense of value in workplace, providing basic human needs, better treatment for health, less discrimination and respect in the society.
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