24 Jun 2022

323

Influence of Money on Social Psychology

Format: APA

Academic level: High School

Paper type: Research Paper

Words: 726

Pages: 2

Downloads: 0

The discussion below has made assumptions regarding both articles 1 and 2, as provided in the manual. A hypothesis gets created as a regard proposition made based on reasoning without deductions of its truth. At the same time, variables are well known as what has a quantity that varies personality. Social psychology is all regarded through self personalities, reviews on psychology, and mental health to start the discussion. To note that all the assumptions get made from clarification of article 1 and 2. 

Review on article 1 

Research hypothesis and variable 

A variable in research has two faces, which get classified as dependent and independent variables. In common explanations, a variable is anything that had a varying quantity. According to the report, independent variables get evaluated; under the investigations carried out, money and social outings discussion gets brought out in different issues. A significant factor observed is that money is a personal interest, so it should be independent ( Ward et al., 2020) . It comes with a neutral attitude that stipulates how many should be spent on self-issues (Hannah, 2020). Other factors expressed in self issues may include pressure, time to spend with others, and self-esteem. On the dependant way in terms of the measurements taken below, assumptions can be made: in study one of the review under participants and procedure, a total of 345 participants with whom 46 percent were male of minimum age approximately 37 and an SD of 11.72 got recruited for a payout of one US dollar which had 76percent Caucasian 9.6 Africa, 7 American 4.1 Hispanics all in percent giving an outline on the independent variable ( Ward et al., 2020)

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The hypothesis outlines the problem statement as to how money sets up social and personal outcomes in the community, and the corresponding variables get explained in the discussion above. 

Research design 

They were attributed mainly to the basis on how the research process and all its entities. The designs may include the categories of descriptive, corrective, and experimental, among others. Review the article. The findings may help group the research as a corrective in comparing two variables (independent and dependent), as explained earlier. 

Results 

Obtained through the findings from the research and entails a simple report gathers from methodologies. The results may include the impact of money and social psychology. Assumptions get made regarding the outcome on self and dependence on people as studies have shown a shift in love sense in claiming money. 

Conclusion of article 1 

Regarding the findings above and the diagram on the study of autonomy and time spent with others, it's clear that having money changes the psychological self and society in the sense that money tends to make a shift in how one behaves and what needs get taken first 

Article 2 

Review on money and personality and social psychology 

People who tend to focus on self-worth and financial success, pressure and lack of autonomy tend to occur, leading to adverse social outcomes. People tend to have socially isolated from others and family based on money and eventually develop mental illness. It may include depression due to the lack of speaking out to others. Anxiety also tends to grow. Suicidal thoughts accumulate, leading to loss of life, which may get contained. Research, where 2500 participants took place shows for about two weeks, people may prefer to make money rather than spending with loved ones and friends, increasing mental health. 

A statement that implies casualties includes the number of people who prefer to work than spend time with others, as observed from the findings. 

In the review of article 2, the press article did not correctly describe the findings as in the last bit; assumptions get made in the sense that no final answers are provided on the review of pressure as far as the article is concerned. The report also clearly outlined the two phases of the dependant and independent variables in the mater of a variable. Independent variables got achieved by giving out measurements (2500), as stated above, forming a valid justification for the whole process ( Park, Ward & Naragon-Gainey, 2017)

Apart from the once stated, another variable is pride, as people may tend to see themselves superior to others. They isolate themselves to show a sign of class and may tend to suffer from mental health in the case of a rise in personal malformations. 

Dangers presented in the widespread misunderstanding and representation of findings in the society may lead to a lack of knowledge amongst the audience. It may lead to a sense of confusion in the interest of understanding the results. The findings also may form criticism and a rise in unity as far as the topics are concerned. 

References 

Hannah F (2020). “Valuing money over family and friends leads to misery, study says” New York Po st. https://nypost.com/2020/04/10/investing-life-in-money-leads-to-lack-of-community-study/ 

Park, L. E., Ward, D. E., & Naragon-Gainey, K. (2017). It’s all about the money (for some): Consequences of financially contingent self-worth.  Personality and Social Psychology Bulletin 43 (5), 601-622. https://journals.sagepub.com/doi/abs/10.1177/0146167216689080 

Ward, D. E., Park, L. E., Naragon-Gainey, K., Whillans, A. V., & Jung, H. Y. (2020). Can’t Buy Me Love (or Friendship): Social Consequences of Financially Contingent Self-Worth.  Personality and Social Psychology Bulletin , 0146167220910872. https://www.researchgate.net/publication/340035847_Can%27t_Buy_Me_Love_or_Friendsp_Social_Consequences_of_Financially_Contingent_Self-Worth 

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StudyBounty. (2023, September 15). Influence of Money on Social Psychology.
https://studybounty.com/influence-of-money-on-social-psychology-research-paper

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