Sunday, May 03, 2009

Grade 11- "The economics of happiness"

The link above is more information on this very interesting topic. You will need the handout from class to answer the questions below. Please use complete sentences. This assignment will count as 15 points.
1. According to Lane, what is the relationship of income to happiness?
2. How have researchers tried to measure happiness? According to Lane, are these measures accurate? Explain.
3. According to Lane, what is the relationship between materialism/ materialistic individuals and happiness? Explain.
4. According to Lane, what factors contribute to happiness?
5. Economist Adam Smith stated, "happiness is not from economic gain, but from what other people think of you (social esteem). Do you agree/ disagree?
6. What factors of one's job/ work (according to Lane) lead to happiness?
7. Give examples of economic forces (according to Lane) that encourage materialism that is not "fruitful for happiness."
8. Your reaction to this article.

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