1) Is GDP a good way to measure a county’s wellbeing? In other words, if a country has a large GD…

1) Is GDP a good way to measure a county’s wellbeing? In other
words, if a country has a large GDP, should one conclude the
residents of that country generally have a high quality of
life?

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2) What causes “rich” countries like the US, Germany, and Japan
to be rich and poor countries, like Bangladesh and Haiti, to be
poor? (And don’t just say “rich countries are rich because they
have more money”. Think about the underlying reasons.)