Some people think that if a country is already rich, any addition in economic wealth does not make its citizens happier. Do you agree or disagree?
Recent discourse has suggested that the financial growth of wealthy countries is not conducive to greater contentment among their citizens. In my opinion, I challenge this idea, as this supplement has a significant impact on both alleviating poverty and enhancing the overall quality of life.
It is often arqued that economic development can be a source of improved happiness for people. Despite the presence of wealth disparities in even the möst affluent countries, ongoing economic growth can be a key factor in mitigating these imbalances and ultimately leading to greater happiness. For example, the government can bolster the welfare of those in poverty through taxation on the affluent and the provision of further subsidies. This approach can lead to improved housing, satisfactory labor conditions, and access to leisure activities. However, despite the wealth of affluent societies, the relentless pursuit of economic growth has resulted in considerable workplace stress and has had a detrimental effect on the natural environment, thereby reducing citizens'overall levels of contentment. As an example, the United States experienced considerable economic expansion following WWll however, surveys failed to display any heightened levels of happiness during this period.
Despite economic growth, achieving greater happiness in developed nations requires more than just increased wealth; rather, it necessitates personal fulfilment and social acceptance. Once financial stability is achieved, the key to greater contentment lies in attaining these other intangible goals. Consequently, in order to experience genuine contentment, individuals should focus on activities that are not necessarily quantifiable in terms of financial gain, such as philanthropic endeavors, conservation efforts, or aiding the disadvantaged. Furthermore, when the essentials are met, individuals will prioritize leisure activities and strengthen interpersonal relationships. For example, during holidays, rather than working overtime, people often opt to spend time with family and friends or pursue hobbies. These activities are essential for providing direction in life and enhancing contentment.
In conclusion, the given notion is not sound since the uptick in a nation's economic status can provide golden employment opportunities as well as a significant upgrade in overall health condition due to the improved economic standing of a nation resulting in more job opportunities and a significant upgrade in the public's overall health.
Thank you for reviewing my writing.