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An improvement and betterment refers to enhancements made to a property that increase its value beyond the original condition or standard.

Replacing standard carpet with high-quality hardwood flooring is a classic example of an improvement and betterment because it not only upgrades the aesthetic appeal of the space but also enhances its value and longevity. Hardwood flooring typically provides better durability and can be more attractive to potential buyers, leading to an overall enhancement of the property.

While the other options involve maintenance or repairs to the home, they do not fundamentally change the property's value in the same way. Repairing a roof and painting interior walls are necessary upkeep tasks but do not enhance the overall value as significantly as upgrading to hardwood flooring does. Installing new windows can be seen as an improvement, but it typically depends on whether the new windows provide additional features, such as energy efficiency, rather than simply being a replacement. Thus, the aspect of significantly increasing property value through an upgrade distinctly supports why replacing carpet with hardwood is the best example of an improvement and betterment.