How Production of Defence Goods is a Limitation of GDP as An Index of Social Welfare?
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How Production of Defence Goods is a limitation bof GDP as an index of Social Welfare?
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Production of Defence Goods is a limitation of GDP as an index of social welfare. Because, defence goods do not make any direct contribution to the Welfare of individual and household of a Country.

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Vikas Asked in Economics Aug 3, 2021
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