discussion on GDP as an indicator of standard of living and quality of life, we
dealt with housing as a factor bringing out the standard of living and the
quality of life as lived by people.
session, we will take up Productive or Main activity to study the relationship
between GDP and the Main Activity.
proceed with this discussion, we have to bear in mind that all the factors that
we study and discuss are inter-related and they are grouped or categorized for
the sake of our convenience to study and examine.
Quality of life
actually is such a vast and growing subject that innumerable articles and books
keep appearing. For the present context,
we shall briefly list out factors that are always taken into consideration while
assessing the quality of life.
Quality of life
refers to well-being of individuals and societies which are made up of
individuals. The state of well-being is so complex that anything that impacts
man in his daily living legitimately is brought under the quality of life, that
is, well-being. Basically, all the factors that come under the concept of
well-being can be classified in two ways, broadly: how does one feel and how
does one interact with the people, the things and the ideas. And to make it
still simpler, it is fundamentally the feelings of the individual that matter
since they impel and influence all his relationships with people, property and
feelings occupy the top position in the daily living of individuals, it is a
matter of common knowledge that all individuals seek happiness and happiness in
turn is derived from the sense of security and safety. In other words, how far an individual feels
secure in his life, that is, in his relationship with the world around; the
world is, simply, his family, his job and the all important his health which
makes him feel happy in his family life as well as in his workplace. Probing a little deeper, his comfort which
gives him happiness depends on most significant things like the job he has, the
money he is able to earn and the kind of relationship he has built up both in
and outside home.
Inside home, how
much of understanding is there between him and his intimate relatives like
wife, son and daughter so on; is he happy at home which means he has attained a
decent balance between his work outside and peaceful environment inside home.
does he get along with the society well without friction and conflict? Does
society respect him in the way that when he is in distress, he finds people
rushing to him to help.
If all these
facts are favorable to him, he can be said to lead a comparatively
We will take up
Health to discuss as an indicator of quality of life in our next session.
In a way, higher
GDP denotes better economy which implies that an individual gets normally what
basically he requires: a roof above his head to protect him from rain and
shine, a family to lean onto in times of distress, enough provisions of food
The higher the
GDP, possibly the better will all the requirements be. This is a popular notion about GDP which, of
course, has not been accepted by all the analysts.