PSYCH 1101 Lecture Notes - Lecture 32: Social Capital, Confounding
14 Nov 2017
School
Department
Course
Professor
Document Summary
Poor countries and countries at war tend to be less happy. Democratic countries and countries with social capital tend to be happiest. Economic growth does not always correlate with increased happiness. Confounding: people who are happy tend to attract more people. People tend to be less happy when their minds are wandering. People would rather make less money but more than others in their office than make more money but less than coworkers. Wealth disparity tends to be able to predict happiness levels. It is easy to compare material items with others, what we could have bought. Experiences tend to have an inherent social component. Money tends to make people very selfish in that they only spend it on themselves. People who were given money to spend on other people tended to be happier than those who were given money to spend on themselves.
