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(Consider This) Kara Was Earning $40,000 Per Year

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(Consider This) Kara was earning $40,000 per year. When her income rose to $60,000 per year, she enjoyed the higher level of consumption for a while, but eventually she was no more happy than when she earned $40,000 (assume prices didn't change over this time period) . Economist Richard Easterlin described this as


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Francisco Franco

was a Spanish general who ruled over Spain as a military dictator from 1939 until his death in 1975, following the Spanish Civil War.

Axis Powers

The coalition of countries led by Germany, Italy, and Japan that opposed the Allies during World War II.

Movements

Collective, organized efforts by groups of people to achieve a common goal, often related to social, political, or environmental causes.

Social Change

Refers to significant alterations over time in behavior patterns, cultural values and norms, and social structures.

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