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Homework Essay Help Please read and listen carefully to the articles and interview provided before answering the discussion questions. Describe the overall trend in income inequality in the U. Briefly reflect on some of the major causes of the income inequality trajectory in the U. Be sure to mention one or two threats or he outlines in your response. In your own words, briefly summarize the trajectory of income inequality compared to Western Europe since , and the major reasons for this according to the economists who wrote the report on which the article for this week was based. What are the factors that most likely to explain this association according to social epidemiologist Michael Marmot? Income Disparity And Happiness Essay

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According to sociologist Tim Liao of the University of Illinois Urbana-Champaign, it's the ability to compare ourselves with people of similar backgrounds, both people who earn more and others who earn less, that determine how our income affects our happiness —not the absolute amount we earn. The actual amount a person earns doesn't matter much in terms of happiness," Liao said. While there has been significant research on happiness and income inequality, much of that work was based on aggregate-level income inequality and global measures of happiness that did not capture the relationship at the individual level, he said. Recent research suggests that social comparison theory, the premise that people's self-evaluations are based on their comparisons with others whom they perceive to be better or worse off, might play a key role. Liao wanted to explore whether people's placement in the income distribution mattered—that is, if those who could conduct these upward and downward social comparisons were happier than outliers who were much more affluent or poorer than their peers. Because no single survey was available that provided data on happiness along with income and demographic characteristics, Liao linked the data from two national surveys, both conducted in , that involved many of the same respondents. Liao's sample included more than 1, people. The American Time Use Survey was the most recent survey with well-being questions and provided Liao with a measure of each person's happiness. For that study, participants kept a time diary for a single day, rating on a seven-point scale how happy they felt while performing three randomly chosen routine activities. The ratings were added together to achieve a composite score representing each person's happiness level. Income Disparity And Happiness Essay

Contact Us Income Inequality Sources: minimum of 6. Your source material will vary depending on your topic, but look for a variety of appropriate and relevant sources based on your own experiences, observations, interviews, and of course, reading material.

Income Disparity And Happiness Essay

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Income Disparity And Happiness Essay

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