Usually, as a country's GDP goes up, that nation's well-being tends to rise as well. But for the last 35 years, as GDP has grown in the United States, Americans' average happiness hasn't increased. Economics correspondent Paul Solman talks to researchers about how they study the connection between money and happiness.
OTHER RELATED LESSONS
Advancements in transportation have played a key role in the growth of our nation. U.S.government policies have also had a considerable impact on the development of transport as we know it today. In this series of three lessons,the students examine transportation and its impact on our nation (and...
Grades 6-8, 9-12
Students will learn that work is the source of income and that banks are places in which people save and secure money they have earned.
It has been one and a half years since British rule ended in Hong Kong and control of the city was returned to China. Under the Joint Declaration, Hong Kong is guaranteed a high degree of autonomy from China for fifty years as a Special Autonomous Region (SAR) of the People's Republic of Ch...
This lesson teaches students about scarcity and standard of living. In the book "No Room for a Sneeze", a folktale retold by Robyn Supraner, a farmer and his wife must deal with scarcity in their home so they turn to the Wiseman for advice. In the story students will learn about scarcity and ways...
In this lesson, students receive raw data to construct a Lorenz Curve and calculate the Gini Coefficient. This lesson prepares AP Microeconomics students for the Advanced Placement exam. The teacher will briefly interpret the Gini Coefficient.