A&S - B2.1 - TED - HOW TO BUY HAPPINESS

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Questions and Answers

What is the relationship between money and happiness?

  • Negative
  • Neutral
  • Positive (correct)
  • Unrelated

What does donating money make people feel like?

  • They are helping themselves
  • They are helping others (correct)
  • They are wasting money
  • They are making a mistake

What is an example of a pro-social team?

  • A team that only spends money on themselves
  • A team that only gives money to each other
  • A team that gives money to their teammates (correct)
  • A team that only gets money from others

What does giving money to others do for the giver?

<p>Increases the giver's happiness (A)</p> Signup and view all the answers

What does DonorsChoose.org do?

<p>Helps public school teachers purchase supplies (C)</p> Signup and view all the answers

What did the study find regarding people who spent money on others?

<p>They were happier than people who spent money on themselves (A)</p> Signup and view all the answers

What is the impact of giving money to others?

<p>It has a positive impact on the giver (B)</p> Signup and view all the answers

What is one way to increase the motivational power of social support?

<p>Donating money to people to spend on their teammates (B)</p> Signup and view all the answers

How does giving money to others make people feel?

<p>They feel like they are helping others (B)</p> Signup and view all the answers

What does the study suggest about spending money on others?

<p>It is more beneficial than spending it on oneself (A)</p> Signup and view all the answers

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Study Notes

  • People who spent money on others got happier than people who spent money on themselves.
  • The amount of money spent didn't matter.
  • People from all over the world have similar spending patterns.
  • Spending money on others makes people happier than spending money on oneself.
  • Giving money to others makes people happier than keeping it for oneself.
  • This is seen in almost every country in the world where Gallup has data.
  • The relationship between money and happiness is positive, meaning that donating money makes people happier than not donating money.
  • This is due to the fact that giving money to others makes people feel like they are helping others and making themselves feel good at the same time.
  • This is why pro-social teams that give money to their teammates are more successful than teams that only get money for themselves.
  • Giving money to others is often more beneficial than spending it on oneself, due to the motivational power of social support.
  • One way to increase the motivational power of social support is to give money to people to spend on their teammates or others in need.
  • DonorsChoose.org is a nonprofit that helps public school teachers in low-income schools purchase needed supplies.
  • Giving money to others can have a positive impact on both the recipient and the giver, as seen with the teachers and students of DonorsChoose.org.

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