Sunday, March 30, 2014
Chapter 9
The passage that I found most interesting was the paragraph discussing the idea of GDP but applied to everyday life. The book says that GDP "does not count any economic activity that is not paid for." This was very interesting to me because America always displays the ideal family with a mother who cooks and cleans and takes care of her children, but that contradicts what we want as a nation. As a nation we want positive GDP, yet when the mothers are doing the necessary "right" thing for their family, it doesn't benefit our country in any way. If were not spending money, were not growing. Therefore in a way, it seems like GDP promotes the attitude of people doing other things for you, which reflects our generations attitude more accurately then anything else.
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