With the advent of COVID-19, a sense of despair and uncertainty has prevailed all around. The well-being and mental health of people is severely affected throughout the world. This hints towards the idea that as the world is progressing day by day, our focus is shifting more towards the never-ending advancements instead of the things that really matter. One of such things that we are overlooking is happiness. It is very important to know about the determining factors of happiness and how they affect the well-being of individuals so that we, as a society, can work together to improve them in order to form a happier environment.