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Economic success and social advancement in contemporary society are both influenced by education. Along with providing the potential for self-expression, creative fulfillment, and moral gratification from present actions, education also enables its possessor to earn a higher wage. People with higher levels of education live longer lives that are also more fascinating and instructive. Additionally, happier people tend to be more educated. The article's goal in this area is to ascertain the connection between educational attainment levels, economic freedom, income levels, and happiness levels. This study examines the relationships among 145 nations' measures of economic freedom, happiness, income, and education for the year 2018. In Statistica, the author of the study estimated the Kendall's Tau correlation, the Spearman rank correlation, and the Pearson (product-moment) correlation. According to the data, there is a significant correlation between GDP, Economic Freedom of the World Index, Happiness Index, and Education Index. The study found a strong correlation between education, money, and happiness awareness. Economic freedom and education go hand in hand. Additionally, the study's findings imply that education makes people happier in addition to increasing their wealth. |
