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People derive happiness from a myriad of sources. A particular incident may be of little significance for you, but it can bring an abundant amount of joy and ecstasy for others.  It is really difficult to define happiness as different individuals interpret the meaning of happiness differently. Broadly speaking, it is the satisfaction you receive from performing a task that provides you immense peace of mind and impetus in life. True happiness is not derived from favorable circumstances only. It is all about maintaining the same degree of joy even in the face of most adverse conditions. The state of wellbeing is a highly subjective and personal issue.