The Impact of Happiness

 

The Impact of Happiness

Introduction

Happiness is often described to be part of the contentment of an individual. Even in different races, the happiness of an individual is important to continue their living even in the most depressed areas. The impact of happiness in an individual commonly reflects in the attitude and their perceptions in life. The experience of a person can be his foundation of his own happiness.

Exploration of Happiness

The link between the perceptions of fairness, issue of inequality, and happiness are estimated to be part of an individual’s functions and fulfilling their roles. In the application of the economics, happiness can be the invisible factor or variable in measuring the income of inequality, the perception of fairness, and the ability of an individual in terms of income generating process. In the exploration of perceived fairness, the potential effects of inequality can be seen in the countries with low and high actual mobility. The relationship of happiness and perceptions of fairness may appear in the demand for redistribution and have an impact on an individual’s life satisfaction.

People having the ability to create happiness, share the happiness and/or find their way towards happiness might affect their capability as an income earner. Happiness can be subjective factor that definitely influences the subjective well-being. In further assessment on the social mobility expectations, the happiness or the feeling of satisfaction can be used as the basis as an indicator of meeting the societal mobility. Again, in relation to the economics with respect to its principles, it is assumed that the individual investments in terms of human capital depend on the perceived probabilities of success. Therefore, if there is fairness across the different races, there is a higher probability of success. In the relationship of happiness in an individual, it can explain the connection between the individual investment and economic outcomes.

Taken as an example is an individual working in the organization, if the employee is happy with what he does, he will create self-satisfaction and commitment towards the organization. There is an increase in outcome or performance because of the foundation of all his efforts. That is the reason why there are organization that are attempting to find the specific solution or methods in terms of targeting the employee commitment thus, offering motivational approaches.

Across the Different Races

The fairness and equality is an archaic issues that continuously growing old because of the barriers that prevent its promotion. In the comparison of countries with low mobility for development, the people are the very common denominator that they can use as an asset. If the people acknowledge the sense of fulfillment and happiness, the development of the country might be delayed due to the signs that the people are already contented in their disposition. The disappointment effect will lead to the less capacity of an individual to generate income and boost his competency. However, the high mobility countries (developed countries) have a positive interaction in terms of happiness and responsibility that creates an implication of fairness. Albeit there is a predictive factor towards the responsible action of people to achieve development, equality among races might be still in question. Usually, favorable economic contribution and discrimination among the various races became the central issue in this arrangement.

Therefore, this idea discusses the application of two important factors that can result to happiness and development; the equality among the races and the elimination of disappointing variables. The impact of happiness can be seen if the barriers towards development and stereotyping are reduced or rid in the society. Humans are identified to be the extreme type of social animals and the sense of well-being is a large determinant towards the social interactions. Because feelings are important for human, the emotions that people can generate such as shame, anger, depression, or happiness can affect the entire body system and the ability of an individual to perform his role.

Conclusion

Another classic example in working with different race is the interaction of U.S. Pres. Barack Obama with his subordinates. There is no sign of inequality in terms of races, gender, or age and happiness can be seen in the era. In the application of this scenario in companies, there should be a strong encouragement for the individuals to participate in the workplace despite their races and demographics. Employers should be also aware regarding the opportunity that they can give and how meaningful a diversified workplace would be in considering their knowledge and skills that can be the foundation of an individual’s happiness.   

 

References:

Bjornskv, C., Dreher, A., Fischer, J.A., & Schnellenbach, J., (2009) On the Relation between Income Inequality and Happiness: Do fairness perceptions matter?, Munich Personal RePEc Archive [Online] Available at: http://mpra.ub.uni-muenchen.de/19502/1/MPRA_paper_19502.pdf [Accessed 02 September  2010].

Blanchflower, D.G., & Oswald, A.J., (2007) Hypertension and Happiness across Nations [Online] Available at: http://www2.warwick.ac.uk/fac/soc/economics/staff/academic/oswald/hypertensionfeb07.pdf [Accessed 02 September 2010].

CISCO, (2008) Race, Age and Gender in the Workplace [Online] Available at: http://www.lpfi.org/docs/race-age-gender-survey.pdf [Accessed 02 September 2010].

 

Credit:ivythesis.typepad.com