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Well-being is the experience of health, happiness, and prosperity. Describing well-being therefore requires moving beyond applying only traditional economic metrics such as gross domestic product (GDP), to measure the quality of life and welfare of a population. It is necessary to consider environmental and social factors that affect people's daily lives, such as health, housing, employment, education, income, communications and air and water quality.

The Agreement on the Platform for the Coalition Government of the Independence Party, the Left Green Movement and the Progressive Party of 2021 states that well-being can be best secured with a solid economy, equal opportunities, and actions to encourage innovation and benefit the environment and the climate.


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