Many Things That Society Values, Such as Good Health, High-Quality

question 22

Multiple Choice

Many things that society values, such as good health, high-quality education, enjoyable recreation opportunities, and desirable moral attributes of the population, are NOT measured as part of GDP According to most economists, why is GDP a useful measure of society's well-being?

• A)GDP is not a useful measure of society's well-being because it does not measure many things that society values.
• B)GDP is a useful measure of society's well-being because providing these other attributes is the responsibility of government.
• C)GDP is a useful measure of society's well-being because it measures a nation's ability to produce the things that contribute to well-being.
• D)GDP is an excellent measure of society's well-being because these other values cannot actually be measured.

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Definitions:

Games

Structured forms of play, often undertaken for enjoyment and sometimes used as an educational tool.

Play

Activities engaged in for enjoyment and recreation, especially by children, but often also by adults, which can be both structured and unstructured.

Socialization Process

The means through which individuals learn and internalize the values, norms, and practices of their culture.

Social Control

Mechanisms, strategies, and institutions designed to regulate individual and group behavior, aiming to maintain conformity and compliance to rules of a society.