Money may not be able to buy happiness, but economic security can certainly contribute to overall happiness. A video from Crash Course economics presents the ways happiness can and cannot be quantified, including the value of intrinsic rewards and the importance of status on one's happiness.

Concepts

economics, personal finance, gross domestic product, the united states economy, consumption, economic growth

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Additional Tags

social studies

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Instructional Ideas

• Connect to a psychology or sociology class when discussing societal happiness
• Include in a unit about GDP or GNP
• Have learners evaluate their own happiness based on the factors in the video

Classroom Considerations

• Comment section is open to the public
• The final part of a 35-video series on economics

• This video is hosted on YouTube

Pros

• Provides a unique look at the effect of the economy on individuals' lives
• Engaging and approachable

Cons

• None

Common Core

RH.9-10.2 RH.9-10.4 RH.11-12.2 RH.11-12.4