1. What is Development?

Question 1

What is the Easterlin Paradox?

Answer 1

Life satisfaction or happiness rises with income until a certain point. After that, increased income DOES NOT correlate with increased happiness.

Question 2

Three Core Values of Development?

Answer 2

1. Ability to meet basic needs. (material)
2. Ability to be a person. (spirit)
3. Ability to choose. (future)