Well-being, wellbeing,[1] welfare or wellness
is a general term for the condition of an individual or group, for
example their social, economic, psychological, spiritual or medical
state; a high level of well-being means in some sense the individual or
group's experience is positive, while low well-being is associated with
negative happenings.
In economics, the term is used for one or more quantitative measures intended to assess the quality of life of a group, for example, in the capabilities approach and the economics of happiness. As with the related cognate terms 'wealth' and 'welfare', economics sources often contrast the state with its opposite.[2] The study of well-being is divided into subjective well-being and objective well-being.
In economics, the term is used for one or more quantitative measures intended to assess the quality of life of a group, for example, in the capabilities approach and the economics of happiness. As with the related cognate terms 'wealth' and 'welfare', economics sources often contrast the state with its opposite.[2] The study of well-being is divided into subjective well-being and objective well-being.
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