A Journal opinion article Essay Example | Topics and Well Written Essays - 750 words - 3

A Journal opinion article - Essay ExampleThis has been the driver of social sites homogeneous facebook and twitter. The two issues are commanding a large market and thitherfore very important in scotch development. Many would agree that people want to feel happy. This is quite paradoxical in the economic perspective. Philosophers agree that specie is not the sole reason to happiness but rather it is just a means to fulfillment. Through research, it has been noted that the relationship between income in monetary terms and happiness or a feeling of fulfillment is quite complex. This seems partly affect by the fact that availability of coin enables one to afford re worldal facilities, holidays, retreats which are deemed to enhance a feeling of happiness. Some opine that having money doesnt guarantee a feeling of happiness. Therefore this has remained a subject to many economic researchers who settle to relate economics and community, or economics and sociology (Frey & Stutzer 63 ) In many countries today, job creation remains the precedence agenda to development. But how does this stimulate economic growth and development? For instance, having a majority of citizens unemployed fuels confederation vices alike(p) robbery, drug abuse, rape, due to being idle and frustration. From these findings, its right to say that job creation is a key aspect to a countrys economic development. This touches on Improvement of separate economic drivers as well. This may include industrialization. Job creation seems to be directly proportional to economic growth. Having a huge number of employees being paid by the governing translates to high wage bill. The government will spent more amount of money to settle the salaries and wages. This means more taxes to the citizens so as to raise the money. How job creation and happiness are related is a paradox and complex. The effect of economic growth in relation to happiness differs from one country to another. Nevertheless, we c an broadly categorize these into substantial and developing countries. In developed countries, majority of its citizens can comfortably afford basic needs like clothing, housing, food, medical care. However, this is a problem to citizens in developing countries. They barely afford three meals a day, trustworthy shelter, decent clothing, medical care and basic education. This may be a crucial parameter in determination of happiness. The two categories of citizens perceive economic growth and happiness differently (Frey & Stutzer 78) In developing countries, challenges face also include pollution, depletion of non-renewable natural resources and generally, environmental degradation. This seems to fuel and accelerate the incidence of disease. Epidemiological studies and findings show that there is higher disease prevalence in these countries. High deaths may be recorded and this translates to disillusion and unhappiness. From the scenario, the affected people will incur more expendi ture in pursuit of medical services and treatment. property flow will be altered at family level, cumulatively affecting the economic landscape of the undefiled community. Therefore the wellbeing of a person or group of people affects the economic development of the blameless niche. The aspect of social wellbeing and economic growth tend to intertwine. Politics is a major fixings to economics. Political stability or instability determines the investment patterns of a country. Leadership plays a role in public policy which may favor economic growth or derail it. Unstable governments lead systems tend to repel