Association

Prosperity is a state of flourishing, thriving, success, or good fortune. Prosperity often encompasses wealth, but also includes others factors which are independent of wealth to varying degrees, such as happiness and health.

Many distinct notions of prosperity, such as economic prosperity, health, and happiness, are correlated or even have causal effects on each other. Economic prosperity and health are well established to have a positive correlation, and there is evidence that happiness is a cause of good health, both directly through influencing behavior and the immune system, and indirectly through social relationships, work, and other factors.

In Buddhism, prosperity is viewed with an emphasis on collectivism and spirituality. This perspective can be at odds with capitalistic notions of prosperity, due to their association with greed. Data from social surveys show that an increase in income does not result in a lasting increase in happiness. One proposed explanation to this is due to hedonic adaptation and social comparison, resulting in people not allocating enough energy to non-financial goals such as family life and health.

Economic notions of prosperity often compete or interact negatively with health, happiness, or spiritual notions of prosperity. For example, longer hours of work might result in an increase in certain measures of economic prosperity, but at the expense of driving people away from their preferences for shorter work hours. In ecology, prosperity can refer to the extent to which a species flourishes under certain circumstances.

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