Due to the prevalence of subsistence affluence in the Pacific islands, most people are better off than indicated by measures of well-being, such as GDP.

Question

Quizplus · Accepted Answer

Subsistence affluence refers to a situation where people can meet their needs through local resources and traditional practices without relying heavily on income or the market economy. In many Pacific islands, this lifestyle contributes to a level of well-being that is not accurately captured by conventional economic indicators like GDP, which primarily measure market-based economic activity.

Due to the Prevalence of Subsistence Affluence in the Pacific