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 with this statement? Give reason for your answer and include any relevant examples from your own knowledge or experience.
A profound debate has ensued over the notion of amassing more monetary resources failing to raise happiness levels of inhabitants of already elite societies: while some concur with this notion, others reject it.
It is generally believed that economic growth of a nation can help the population overcome stress by being able to access appropriate health facilities, education and shelter, to name a few, seamlessly. For instance: A survey completed by WHO to list out the top five happiest nations around the world in the year 2022, they found that individuals of the wealthier countries are more satisfied than their counterparts in not so prosperous nations. Moreover, more affluence allows countries to spend more money in reseaches, especially in space, technology, and so forth, lifting the spirits of inhabitants by affording them a feeling of leadership they enjoy over others.
However, others oppose this notion believing a nation becoming richer, the citizens tend to remain unaffected since material wealth can only bring happiness to a certain extent, and any increment beyond a certain level does not afford a feeling of contentment as people start taking everything in their strides. Moreover, more prosperity tends to make people lazy, nonchalant and many go astray such as engaging in drug abuse, since they are gaining all possible support from the state, and do not have anything to do. For example, a report highlighted in The New York Times in 2022 that in The USA, intoxication had increased by 10 percent in the last five decades since people were being provided basic amenities for free.
To conclude, disputes aside, I completely concur with this statement: wealthy countries can provide good education, health to enhance knowledge and well being, and ensure entering into forays that guarantee future leadership.