Perhaps the best essay question to ask on this subject today is one about whether national income is the best way to measure the well-being of a country.
So, the actual essay question might read something like this:
- To what extent do you believe that a country with a higher national income per capita is better off than a country with a lower national income per capita.
This is a good essay question about this topic because it forces the answerer to know what this measure of national income is and to evaluate the strengths and weaknesses of this measure.
A good answer might bring in issues such as the idea of "gross national happiness" that has been discussed in times since the big economic crash of late 2008. It might also look at the importance of measures of income distribution, as opposed to absolute income levels.