Economists often measure the well-being of a society in terms of dollar-value of output. What types of things does this measure overlook in terms of the Standard of Living?

In order to judge the well-being of a society you need to look at a lot more than just the productive output of a country.

There are many wealthy countries such as United Kingdom which has a GDP in excess of USD $2 trillion. At the same time, there is lots of child poverty in the country and many single families without a proper means of income.

In order to better measure the well-being of a society, it is better to have a more holistic approach. We have to look at youth unemployment, crime rates, corruption, democracy, political freedoms, human rights, healthcare etc.

A country like China has a dollar-value output second only to the United States but their citizens do not enjoy any human rights.

george washington =

-he was a general and comander-in-cheif he solve he solve wars

-he was intelient and physically cordnated

tohmas jefferson

james madison

james monroe

using the map image above, answer a, b, and c. a. briefly explain the historical context of this map image.b. briefly explain one economic or social development in the period 1607–1754 that could be used to explain what the cartographer (mapmaker) shows in the map image. c. briefly explain one social development in the period 1607–1754 that could be used to explain the distinctions shown in the map image.your responses: a.during this time period the colonies had recently been formed by the british. the colonies were grouped into three sections based on common beliefs, lively hood, and how they interacted. the new england colonies had passed the mayflower compact and they focused on trade, shipbuilding, and fishing. the middle colonies had purchased land from the native americans and dealt mostly with the export of wheat, banking, and shipping.

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