Answer:
Income
by itself is not a completely adequate indicator of material goods and services
that citizens are able to use. Quality of life also depends on non-material
things like equal treatment, freedom, security, respect of others etc. For
example, a person may be in a job which gives him a high pay, but there is no
security in his job and leaves him with no time for family. So, in this case,
high income is not important as the person has no feeling of security and
freedom.
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