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[T]he whole World Values Survey, which grew out of the European Values Survey in 1981, is concerned with tracking value evolution across the globe, which is commonly seen as a two-step process. Though it is often simply referred to as "modernization," a more precise description differentiates between two stages. The first is modernization, which involves the transition from agriculture to industrial societies, dominated by increases in income that translate into increased well-being. The second is post-modernization, which involves a shift in emphasis toward quality of life, self-expression and self-determination. . . . The two-phase structure is very evident in the following graph of GNP and perceived well-being: which is schematized thus:
The first is modernization, which involves the transition from agriculture to industrial societies, dominated by increases in income that translate into increased well-being. The second is post-modernization, which involves a shift in emphasis toward quality of life, self-expression and self-determination. . . .
The two-phase structure is very evident in the following graph of GNP and perceived well-being:
which is schematized thus:
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