Each year since 1957 Americans report that they are happier than in the previous year as a result of continued economic growth.

Question

Quizplus · Accepted Answer

This statement is false. While economic growth may contribute to overall happiness, studies have shown that there is not a direct correlation between economic growth and individual happiness. Other factors such as social support, personal relationships, and overall life satisfaction also play a significant role in overall happiness levels. In addition, there have been years where economic growth has not led to increased happiness, such as during times of economic recession or financial hardship.

Each Year Since 1957 Americans Report That They Are Happier