Dechen Rangdrol 12 commerce
BACK STORY
I am Dechen Rangdrol, born in 30 June 2002 and I am from Bumthang. Currently studying in Wangbama Central School, 12 commerce 2024. My parents are divorce and I leave with my mother at Changzamtog. I also have a younger sister and she is studying in Yangchen Gatshel Higher Secondary School. I like to play basketball. I studied my lower school in Changjiji, till pp to 4. After that I studied at Zillone Namgayling, till class 6. After that I studied at Changzamtog till class 9. After that I studied at Yangchen Gatshel at Chamgang and after that I reach here in Wangbama central school in the year 2021.
MY TARGET MARKS FOR MID-TERM EXAM
In the year 2024, I am going to score 75% in my mid-term exam. For that I will make a timetable and follow. Next, I will revise all the short story in textbook.
The Case for GNH Over GDP
In the realm of economic measurement, Gross Domestic Product (GDP) has long been regarded as the gold standard for assessing a nation's prosperity. However, as societies evolve and prioritize holistic well-being over mere economic output, the limitations of GDP become increasingly apparent. In response to this, Bhutan introduced Gross National Happiness (GNH) as an alternative metric, emphasizing the importance of subjective well-being and societal welfare alongside material wealth. This essay argues that GNH provides a more comprehensive and meaningful assessment of a nation's progress than GDP alone.
GDP, as a measure of the total market value of all goods and services produced within a country in a given period, undeniably offers valuable insights into economic activity. It serves as a convenient yardstick for comparing the economic performance of different nations and tracking growth over time. However, GDP fails to capture various aspects of human well-being and societal progress, leading to a skewed understanding of development.
One of the fundamental flaws of GDP is its focus on quantity over quality. The pursuit of economic growth, as measured by GDP, often comes at the expense of environmental degradation, social inequality, and erosion of cultural values. For instance, activities such as deforestation, pollution, and overconsumption contribute positively to GDP growth but can have detrimental effects on the environment and public health. Moreover, GDP does not differentiate between productive and destructive expenditures, leading to a misleading portrayal of progress.
In contrast, GNH adopts a multidimensional approach to development, considering not only economic factors but also social, environmental, and cultural dimensions of well-being. Conceived by the King of Bhutan in the 1970s, GNH emphasizes sustainable and equitable development, cultural preservation, and good governance as essential components of national progress. By prioritizing happiness and fulfillment over material wealth, GNH offers a more holistic and people-centered framework for assessing societal welfare.
One of the key strengths of GNH is its emphasis on subjective well-being and happiness as central objectives of development. While GDP measures economic output, GNH measures the well-being and happiness of citizens, recognizing that material wealth alone does not guarantee a fulfilling life. By incorporating indicators such as health, education, environmental quality, and community vitality, GNH provides a more nuanced understanding of human welfare and societal progress.
Moreover, GNH promotes sustainable and equitable development, addressing the shortcomings of GDP in fostering inclusive growth. By prioritizing the well-being of all citizens, including marginalized groups, GNH aims to reduce inequality and promote social cohesion. This focus on social justice and equity aligns with the principles of human development and sustainable development goals, emphasizing the importance of leaving no one behind.
Furthermore, GNH recognizes the interconnectedness of human beings with nature and the importance of environmental sustainability for long-term well-being. Unlike GDP, which treats natural resources as disposable inputs to production, GNH values environmental conservation and ecological harmony as essential components of national prosperity. By promoting sustainable lifestyles, conservation efforts, and respect for biodiversity, GNH seeks to ensure the well-being of current and future generations.
In conclusion, while GDP remains a widely used indicator of economic performance, its limitations in capturing human well-being and societal progress are increasingly evident. In contrast, GNH offers a more comprehensive and meaningful framework for assessing development, prioritizing happiness, sustainability, and equity. By shifting the focus from material wealth to holistic well-being, GNH provides a more accurate reflection of national prosperity and serves as a guide for policymaking that prioritizes the welfare of people and the planet. Therefore, in the quest for a more just, sustainable, and fulfilling future, the adoption of GNH as a complementary measure to GDP is not only desirable but essential.
THANK YOU!
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