Asked by Krystin Clemo on Jun 14, 2024
Verified
According to research,what is one of the well-known reasons that increases in income don't necessarily bring increases in happiness
A) genetics
B) grit
C) subjective-well being
D) hedonic adaptation
Hedonic Adaptation
The observed tendency of individuals to return to a relative level of happiness despite major positive or negative events or life changes.
Income
The financial earnings received by an individual or group, typically calculated on a weekly, monthly, or yearly basis, from work, investments, or other sources.
Happiness
A state of well-being that encompasses living a good life, with a sense of meaning and deep satisfaction.
- Comprehend the concept of hedonic adaptation and its effect on happiness.
Verified Answer
SK
Sahil KalraJun 19, 2024
Final Answer :
D
Explanation :
Hedonic adaptation refers to the phenomenon where people quickly adjust to positive changes in their lives, including increases in income, and their satisfaction returns to a baseline level. This means that even if someone's income increases, their happiness may not increase in the long run as they become accustomed to their new level of wealth.
Learning Objectives
- Comprehend the concept of hedonic adaptation and its effect on happiness.