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?

By limiting the well-being of a society in dollar value, economics overlook a number of other important factors including:

Explanation:

Economists have long used a simple dollar value output of a country to measure their well-being. This was either done by measuring the GDP (gross domestic product) of a country of their GDP per capita i.e. output per person.

However, the productive capacity of a country is now clearly seen as not a good enough measure of a population's well-being. In the United States for example, there are a record number of billionaires while over 40 million people are living off food stamps.

In such a country, the GDP numbers are astronomical and it would seem like everyone is rich and living a life of luxury. however, this is not true.

Similarly, in a country like Srilanka, the GDP is not very high but when measured on other scales such as family values, happiness, food security etc, they are doing pretty well.

the right answer is the end of world war ii

after the end of a global wwii all the nations involved, in an attempt to create an organization to maintain world peace. this agreement would work settling international disputes via negotiation and arbitration instead of leading the issues escalate to another war.

spanish executed counts egmont and horne in brussels.