Final answer:
Education shapes our future and plays a significant role in societal development and economic growth. Friendships foster joy and good health, contributing to overall well-being. Health is the foundation of our well-being, and while money is sought for happiness, its role is complex in achieving true contentment.
Step-by-step explanation:
Education is important/matters because it shapes our future. This concept is supported by understanding that education is a social institution where society's children are taught academic knowledge, skills, and cultural norms. Nations invest in education systems to different degrees, reflecting the wealth and resources available to them and, consequently, affecting worldwide educational equality. The value of education extends beyond self-examination; it also plays a vital role in economic growth, poverty reduction, and the reduction of inequality.
Friendship is important because it brings joy to life, but more than that, friendships contribute to one's overall well-being. Figure 14.23 reveals how close relationships, whether with friends or family circles, not only provide happiness but can also foster good health.
Money is commonly believed to buy happiness, a point made evident in the sentence fragment from Psychologist David Myers, which discusses the correlation between the desire for wealth and happiness. However, research and societal observations indicate that money's role in achieving happiness may not be as straightforward.
Health is fundamental because it defines our well-being. Well-being is a key concept in value theory, helping us understand what we value. The various things people value, such as a just society and good health, contribute greatly to their well-being, influencing actions and personal values.