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An Assessment on How the Income Levels of the People Impact Their Wellbeing. Case Study; Nyendo Town, Masaka District

Course: Bachelor of Science (Economics, Statistics, Computer Science, Mathematics)
Year: 2016
Author: MURUNGI DAPHINE RACHAEL
Supervisor: Tom Muyanja

Abstract

The recovery of the Ugandan economy in the last ten years has been the subject of much positive praise by the World Bank and the IMF, both of whom have provided needed funding and policy support. It has however not been the case with the household welfare levels of the country. This dissertation assessed the “Impact of the income levels of the people on their wellbeing” with Nyendo town as a case study. It assessed the problems associated with low income levels and a poor wellbeing of the people. Primary and Secondary data were used to source data for the set objectives. It was established that various problems such as poor implementation of government policies, poor sanitation, ignorance and poor infrastructure affected the wellbeing of the people. This research presents new findings on the relationship between personal well-being and household income. It assesses the validity of the claim that there is a relationship between the peoples’ income and their wellbeing in comparisons of both rich and poor countries, and also of rich and poor people within a country. It looks at how the distribution of income within a country and across countries affects life satisfaction. It also examines the influence of the income of a reference group on individual well-being. This research concludes that the low income levels of the people in this region worsen their wellbeing. It is recommended that the government should increase the employment opportunities for a sustainable development in the region.

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