The Republic

What does "good life" "living well" "profitable" mean in Book I?

What does "good life" "living well" "profitable" mean in Book I? Especially towards the end of Book I, Socrates uses them to great length to justify the overriding purpose of the soul. But what does they mean for him. Would using our current notion of the words make sense in-light of his argument about Justice?

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As I understand it, these terms were as vague in Plato's Greek as they are in modern English. Academics have wrestled over these terms. Some argue that happiness means the same as living well or it means how one's performance of simply being alive.