Psychologist Ed Diener has found that income is related to happiness primarily in terms of a person's

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Diener found that income is related to happiness primarily in terms of a person's standard of living. This includes things like access to basic needs, healthcare, and education, which are all factors that can contribute to a person's overall well-being and life satisfaction. While income may also play a role in a person's emotional well-being and social status, these factors are generally considered to be secondary to standard of living in terms of their overall impact on happiness.

Psychologist Ed Diener Has Found That Income Is Related to Happiness