Welfare example sentences

If we relate welfare improvement in the country to the percentage of people who are better off, then surely GDP is not a good index.This would mean lower growth and adverse welfare implications.Therefore, if we take GDP as a measure of welfare of the economy we shall be overestimating the actual welfare.Adam Smith, the founding father of modern economics, had suggested that if the buyers and sellers in each market take their decisions following only their own self-interest, economists will not need to think of the wealth and welfare of the country as a whole separately.These top level managers are responsible for the welfare and survival of the organisation.Not-for-Profit Organisations refer to the organisations that are for used for the welfare of the society and are set up as charitable institutions which function without any profit motive.Can the GDP of a country be taken as an index of the welfare of the people of that country? If a person has more income he or she can buy more goods and services and his or her material well-being improves.Such organisations include clubs, charitable institutions, schools, religious organisations, trade unions, welfare societies and societies for the promotion of art and culture.Not-for-Profit Organisations refer to the organisations that are for used for the welfare of the society and are set up as charitable institutions which function without any profit motive.But they tell us little about the welfare of the workers.Our national policy, too, aimed at improving the accessibility of health care, family welfare and nutritional service with special focus on underprivileged segment of population.It formulates and implements several welfare schemes.In other words, microeconomics was a study of individual markets of demand and supply and the players , or the decisionmakers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximise their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers).The Not-for-Profit Organisations earn their reputation on the basis of their contributions to the welfare of the society rather than on the customers' or owners' satisfaction.Prosocial behaviour is very similar to 'altruism', which means doing something for or thinking about the welfare of others without any self-interest (in Latin 'alter' means 'other', the opposite of 'ego' which means 'self').