Which of the factors are included in the calculation of Gross Happiness Index 1 Good governance 2 Ec...........

Economic Affairs Development and Indicators

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Which of the factors are included in the calculation of Gross Happiness Index?

1. Good governance

2. Ecological diversity

3. Community vitality

4. Psychological well being

5. Cultural diversity and resilience

6. Health & Education

Choose your answer from the codes given below

All of the above

1, 2, 3, 4 only

1, 2, 3 and 6 Only

1, 2, 3, 4 and 5 Only

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Explanation:

The phrase ‘gross national happiness’ was first coined by the 4th King of Bhutan, King Jigme Singye Wangchuck, in 1972 when he declared, “Gross National Happiness is more important than Gross Domestic Product.” The concept implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing.

The GNH Index includes nine domains

Psychological wellbeing
Health
Education
Time use
Cultural diversity and resilience
Good governance
Community vitality
Ecological diversity and resilience
Living standards

The GNH Index is decomposable by any demographic characteristic, meaning it can be broken down by population group, for example, to show the composition of GNH among men and among women, or by district, and by dimension, for example to show which group is lacking in education. The indicators and domains aim to emphasize different aspects of wellbeing, and different ways of meeting underlying human needs.