GDP is used as the basic measure of a society's economic well-being.A better measure of the economic well-being of individuals in society is

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While GDP is a useful measure of the overall economic activity in a country, it does not necessarily reflect the well-being of individuals. GDP per person, also known as GDP per capita, provides a more accurate representation of the average economic output per person in a country. This takes into account factors such as population growth and distribution, and provides a better indication of the standard of living and economic well-being of individuals.

GDP Is Used as the Basic Measure of a Society's