The Effect of Psychology on Economic Change

Abstract

The purpose of this study is to investigate existing research ideas about the factors that contribute to positive psychology and their influence on economic transformation. We used the qualitative method of Content Analysis by compiling scientific articles from Emerald, Science Direct, and Korean science, as well as books produced by psychology and economics professionals in constructing our hypothesis as a result of this research. We found that adaptation, empowerment of human resources, a sense of hope, optimism, and fortitude are considered