Q:

Are rich people happier than poor people?

A:

Quick Answer

Although studies show that people from rich countries are generally happier than those from poor countries, the same studies indicate that poor people lead more meaningful lives. People from rich countries have more things, which makes them happy, but poor people tend to have stronger relationships.

Know More

Full Answer

The Easterlin Paradox proposes that while people in rich countries are not necessarily happier than people in poor countries, a rich person within a country is usually happier than a poor person from the same country.

A Gallup poll found that only one-third of people making less than $35,000 a year are happy, but all of the people making more than $500,000 a year say they are very happy.

Some studies show that the level of happiness is never satiated; a person making $1 million a year is not as happy as a person making $2 million a year.

A study by the Brookings Institution supports the theory that a person cannot be rich enough. Wealth equates to freedom and privilege and gives those who have money the ability to live and work in a number of different places in the world. Wealth also relieves the stress of meeting basic needs, such as food, clothing and shelter, which adds to the happiness quotient.

Learn More

Related Questions

  • Q:

    Why do people work?

    A:

    The most compelling reason people work is usually to earn money. However, people also work to engage in a personal passion, to achieve personal fulfillment, to challenge themselves, to grow and to have a place to belong.

    Full Answer >
    Filed Under:
  • Q:

    How many people play the piano?

    A:

    In the years from 1992 to 2012, the college-level study of piano skills increased astronomically, while youth studies began to fall. Undergraduates majoring in piano studies increased by 25 percent, while beginner students between the ages of 8 and 10 in America declined in lesson enrollment.

    Full Answer >
    Filed Under:
  • Q:

    How does scarcity affect people?

    A:

    Scarcity inspires people to obtain something that they feel may be unavailable in the future. An action performed in response to scarcity can be driven by survival instinct or by the desire to exercise control over a person's circumstances.

    Full Answer >
    Filed Under:
  • Q:

    How did mother Teresa help poor people?

    A:

    Mother Teresa helped poor people by feeding and dressing them, and caring for the sick. She believed that it was God's call for her to help the poor.

    Full Answer >
    Filed Under:

Explore