Tuesday, July 20, 2010

Money is a vital ingredient in happiness

Denmark, the world's happiest country, had a per-capita GDP of $36,000 in 2009, according to the Central Intelligence Agency. That's higher than 196 of the 227 countries for which the CIA collects statistics.

SHOOT: Not the most vital perhaps, but up there with the top ingredients.
clipped from travel.yahoo.com

The fact is good times probably have more to do with the size of your wallet than the size of your trophy shelf. The five happiest countries in the world — Denmark, Finland, Norway, Sweden and the Netherlands — are all clustered in the same region, and all enjoy high levels of prosperity.

First they asked subjects to reflect on their overall satisfaction with their lives, and ranked their answers using a "life evaluation" score between 1 and 10. Then they asked questions about how each subject had felt the previous day. Those answers allowed researchers to score their "daily experiences" — things like whether they felt well-rested, respected, free of pain and intellectually engaged.

In a related report, they studied the reasons why countries with high gross domestic products won out for well-being, and found an association between life satisfaction and income.
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