Michael Norton, a business school professor, studied how spending money affects happiness. He conducted experiments where university students either spent money on themselves or others. Students who spent money on themselves did not feel happier or unhappier, but those who spent money on others reported feeling happier. Norton repeated this experiment globally with similar results, finding that spending money on others consistently improves the giver's happiness.
Michael Norton, a business school professor, studied how spending money affects happiness. He conducted experiments where university students either spent money on themselves or others. Students who spent money on themselves did not feel happier or unhappier, but those who spent money on others reported feeling happier. Norton repeated this experiment globally with similar results, finding that spending money on others consistently improves the giver's happiness.
Michael Norton, a business school professor, studied how spending money affects happiness. He conducted experiments where university students either spent money on themselves or others. Students who spent money on themselves did not feel happier or unhappier, but those who spent money on others reported feeling happier. Norton repeated this experiment globally with similar results, finding that spending money on others consistently improves the giver's happiness.
NAME: MARCO ANTONIO SARGENTO AYMACHOQUE. DATE: 15/12/19
1. SUMMARY AND LEARN (10 LINES)
Michael Norton is a business school professor. He is interested in the
effects of money on how people feel. Norton believes that money can buy happiness. Why? He has done experiments on how people behave with money. In one experiment, some university students spent money on themselves and some students spent money on other people. Afterward, all the students were asked about their feelings. The students that spent money on themselves did not feel unhappy, but they did not feel happier, either. However, the research shows that students that spent money on others felt happier. Michael Norton did this type of money experiment all over the world, with people of all ages. Each time, the result was the same—spending money on others improved the happiness of the giver.