Teaching activity
Money really can buy happiness and recessions can take it away
22nd July 2020
This article from The Economist illustrates how people living in wealthier countries feel more satisfied and secure in their lives.
Comparisons are made between Gross Domestic Profit (GDP) and an average rating on a person's current life situation. Countries like Singapore score higher than Brazil for example. The data also shows some other results including links between altruism, housing costs and whether people have enough money for food.
This resource could be used for the Research Methods unit (quantitative data), and a discussion could be held about whether the sets of data are missing any qualitative factors/information, and students could assess the reliability and validity of the data also.
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