Why might Gross Domestic Product not be the most accurate measure of an economy's health? (Explain at least 3 reasons)

See explanation

Explanation:

The gross domestic product is the value of an economy's final goods which the economy produces. The reasons why Domestic Product may not be the most accurate measure of an economy's health include:

• It doesn't take into account the value of the works of housewives, volunteers etc.

• The gross domestic product doesn't measure the quality of education that is offered, the children's health, happiness etc.

• GDP takes into consideration the market prices and therefore, activities that are outside the market are left out and not measured.