Regarding the relationship of wealth to happiness, which of the following statements is/are TRUE?
A) More resources can bring happiness to people living in poverty.
B) The overall association between money and happiness is quite strong.
C) The positive effects of wealth tend to cancel out the new life stresses that instant riches usually bring into a person's life.
D) All of these statements are true.

Question

Quizplus · Accepted Answer

While having more resources can improve the quality of life for those living in poverty, the overall association between money and happiness is not as strong as some might think. In fact, research has shown that once people's basic needs are met, additional wealth does not necessarily lead to greater happiness. Additionally, the sudden acquisition of wealth can bring new stresses and challenges that can offset any positive effect on happiness.

Regarding the Relationship of Wealth to Happiness, Which of the Following