ENBUS306 Study Guide - Quiz Guide: World Happiness Report, Construct Validity, Gapminder Foundation

• School: University of Waterloo
• Department: Environment and Business
• Course: ENBUS306
• Professor: Michael Wood

Document Summary

More income that a person earns, longer their lifespan is expected to be. Theory: the level of personal wealth affects the lifespan that he could live. On the low-income countries, there is no country with life expectancy above 64: on the same income-level there are huge differences in lifespan. The definition of wealth is the number of days that a person or anyone in his household can live without physically working and still maintain his standard of living (kiyosaki, 2013). The definition of lifespan is the period of time between and birth and death of an organism (kaplan & frank, 2017). Wealth ide(cid:374)tifi(cid:272)atio(cid:374) (cid:373)a(cid:455) (cid:271)e (cid:373)easu(cid:396)ed (cid:271)(cid:455) a(cid:272)(cid:272)ou(cid:374)ti(cid:374)g, (cid:858)ho(cid:449) (cid:373)a(cid:374)(cid:455) (cid:373)o(cid:374)e(cid:455) i(cid:374) the pe(cid:396)so(cid:374)al (cid:271)a(cid:374)k a(cid:272)(cid:272)ou(cid:374)t? (cid:859) a(cid:374)d (cid:858)ho(cid:449) (cid:373)a(cid:374)(cid:455) fi(cid:374)a(cid:374)(cid:272)ial i(cid:374)st(cid:396)u(cid:373)e(cid:374)ts, i(cid:374)(cid:448)estment, livestock and land resources are o(cid:449)ed (cid:271)(cid:455) pe(cid:396)so(cid:374)al? (cid:859) Lifespan identification may be measured by calculating the total number of day between birth and death of person.