Some experts believe that when a country is already rich, any additional increase in economic

Some experts believe that when a country is already rich, any additional increase in economic wealth does not make its citizens any more satisfied. To what extent do you agree or disagree? hay nhất giúp bạn có thêm tài liệu tham khảo để viết bài luận bằng Tiếng Anh hay hơn.

Some experts believe that when a country is already rich, any additional increase in economic

Đề bài: Some experts believe that when a country is already rich, any additional increase in economic wealth does not make its citizens any more satisfied. To what extent do you agree or disagree?

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 1

It is argued that economic progress in wealthy countries cannot enable their citizens to feel more satisfied. Although I admit that greater affluence can give rise to work demands and widen the gap between social classes, I mostly disagree with this notion since it ensures greater sense of comfort among people in the form of enhanced living conditions and effective solutions to community concerns.

On the one hand, I concede that the citizens of a prosperous nation might not experience greater happiness as a result of further economic prosperity in several aspects. The first one is that individuals often assume a greater workload. More specifically, in order to expand the economy, businesses have to boost their productivity and foster innovation, which normally translates into extended working hours. This may leave employees less time for their personal lives, leading to exacerbating their mental health issues such as stress and depression. Furthermore, expanding the economy has the potential to increase income inequality. This is because the benefits of economic growth are often concentrated in the hands of a few magnates or corporations, rather than being shared equally among all citizens. As a result, employees receiving minimal, or no wage increments may feel discontented.

On the other hand, I consider improving the economy is associated with increased happiness among citizens for several reasons. Most noticeably, an increase in wealth can also result in improved quality of life. Those living in a thriving economy can be offered better living conditions, improved infrastructure and greater access to leisure and entertainment. Therefore, their level of satisfaction can be higher. Another justification is the financial ability to address social problems. To be more specific, economic growth can provide resources for governments to tackle social problems like poverty, inequality and unemployment. If people see that their government is taking action to address these issues, they may feel more optimistic and content with their lives.

In conclusion, while increased wealth can trigger a higher volume of work and income disparity in society, I am of the opinion that it greatly contributes to one’s fulfilment due to better living standards and social issues being tackled to establish more pleasant communities. It is advisable that nations should continue to boost their economic affluence while considering their people’s happiness.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 2

Some experts claim that once a country has reached a certain level of economic development, any further increase in economic wealth does not result in greater satisfaction for its citizens. However, while there is a boundary to what money can do, I argue that economic growth still plays a key role in improving the quality of life for citizens in a country.

On the one hand, beyond a certain point, economic growth does not necessarily equal increased satisfaction for citizens. Firstly, a person's happiness does not solely rely on a country's wealth. There are other factors, such as social relationships and physical and mental health. For instance, economic growth may not benefit those who suffer from intractable diseases. Secondly, in some cases, the economic development of a country may not lead to an increase in the incomes of the poor. To illustrate, for some poor people, there are financial barriers that limit their access to education, employment, or other resources necessary to participate in the economy.

On the other hand, economic growth can have a positive impact on citizen satisfaction, even in rich countries. For example, economic growth can result in the creation of new job opportunities, which can lead to higher levels of employment and a lower rate of poverty. Additionally, a country's expansion of its economy can improve its global standing. A rich country can have a more prominent role in international affairs, which can lead to greater influence and better diplomatic relations, thereby providing its citizens with more opportunities and benefits.

In conclusion, while there is some merit to the argument that economic growth may not have a significant impact on citizen satisfaction beyond a certain point, I believe that it is still essential for wealthy countries to continue to strive for economic growth.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 3

Whether economic growth in a well-off country would increase its citizens’ satisfaction has become a topic of discussion. In my opinion, I agree that while there is a limit to what money can bring, an increase in a country’s economic situation would always delight the people.

First, economic wealth is only a part of life satisfaction, therefore, it can only please people to an extent. From my point of view, there is a limitation of material possessions that a person could hoard. Most people only need a roof over their head, food and money that are used to pay for other necessities. Therefore, once these needs are fulfilled, a surplus of other properties is no longer desirable. Additionally, a person’s satisfaction is not made of economic wealth alone but also of their well-being and relationships. To be more specific, a person could be the richest, yet if he were to suffer from a prolonged illness, he would not achieve true satisfaction.

On the other hand, I believe that however prosperous a country is, additional economic growth would always appease its citizens. There are aspects that only a nation’s monetary reserve can solve, thus, the larger the reserve becomes, the more problems it can tackle. Take road infrastructure for example, even if a person drives the most expensive car but the road is bumpy, he would not be able to fully enjoy the experience. In these cases, a country’s economic wealth is important since more money equals better infrastructure. Furthermore, an abundance of possessions will lead to advancements in technology and healthcare. These in turn will benefit its citizens beyond materialistic satisfaction.

In conclusion, although people require more than wealth to be appeased, I strongly support the view that economic prosperity will result in increased satisfaction of a nation’s citizens.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 4

Many people believe that the additional increase in the national wealth of an affluent country does not necessarily lead to increased satisfaction and happiness among citizens. I completely agree with this opinion because individuals cannot derive more satisfaction from increased wealth due to hedonic adaptation and income disparity.

To begin with, additional economic growth for an already rich country does not make citizens happier because of the hedonic treadmill. Humans tend to adapt to their new circumstances over time. That is to say that as people become richer, they are likely to adjust their desires and expectations accordingly. What was once deemed luxury may turn into a new baseline, driving to a perpetual pursuit of even more material possessions. This phenomenon is termed as the hedonic treadmill. By way of illustration, a person who shifts into a larger apartment may initially be more satisfied, but that satisfaction may gradually decrease as he adapts to his new standard of living and wants to pursue further development.

Likewise, economic growth by a nation cannot make individuals happier as there is always a huge income disparity. In an affluent society, income inequality may prevail, and individuals are likely to compare their status and wealth to those who are wealthier, leading to dissatisfaction. In simple words, if there are considerable disparities in wealth and status within the society, then people in the lower socioeconomic tier may feel dissatisfied despite overall economic growth. A case in point is the Occupy Wall Street movement in the United States, a country with the most robust economy. In 2011, the movement emerged out of concern for growing income inequality.

In conclusion, this essay finds that beyond a particular point, the additional economic wealth cannot lead to a proportional increase in individuals’ contentment due to the hedonic treadmill and income inequality.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 5

Many people assert that when a country is already affluent, further increases in economic wealth do not necessarily lead to greater satisfaction among its citizens. I tend to agree with this opinion, and in this essay, I will delve into the reasons supporting this viewpoint.

To begin with, once a nation reaches a certain level of economic prosperity, the correlation between wealth and happiness tends to weaken significantly. Research has shown that beyond a certain income threshold that fulfills basic needs and provides a reasonable standard of living, the pursuit of additional wealth does not correspond to a commensurate increase in overall life satisfaction. This is often referred to as the "satiation point," where people experience diminishing returns on their happiness from accumulating more wealth. A study conducted in several developed countries found that individuals who earned above a certain income threshold reported only marginal gains in their life satisfaction as their income increased further.

Moreover, the pursuit of relentless economic growth in already affluent countries can come at the expense of other critical aspects of well-being, such as social cohesion, work-life balance, and environmental sustainability. The prioritization of economic growth above all else can lead to increased stress, longer working hours, and a greater sense of insecurity, which can negatively impact citizens' overall quality of life. For instance, in some highly developed nations, the emphasis on economic growth has led to work cultures characterized by long hours, limited vacation time, and a lack of job security, contributing to stress and reduced life satisfaction.

In conclusion, I concur with the notion that in wealthy countries, the relentless pursuit of economic growth may not significantly enhance citizens' overall satisfaction. Beyond a certain point, the benefits of increased wealth may become marginal, while the negative consequences, such as reduced work-life balance can erode well-being.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 6

It is often argued by some people that citizens of wealthy countries do not become any more satisfied with their lives as the country’s economic wealth increases. I completely agree with this viewpoint.

Firstly, there is no evidence to suggest that people living in wealthy countries are any more or less satisfied with their lives than those from poorer nations. In fact, rates of suicide, depression, and other mental health issues are often higher in wealthier nations, such as Australia, America, and the UK, when compared to many poor countries. The country of Bhutan, for example, is known as the happiest country in the world, even though the country itself is considered to be relatively poor. America, on the other hand, is one of the most economically powerful countries in the world, and yet suffers from high rates of depression and mental health issues, which could be considered as significant factors when measuring life satisfaction.

Furthermore, it is reasonable to suggest that excessive wealth can actually have detrimental consequences among many people. For example, there are numerous cases where people with vast amounts of wealth have unsuccessfully tried to find happiness through the acquisition of material possessions, such as expensive cars and luxury clothing, only to continually find themselves feeling lonely and empty. This perhaps suggests that it is not how much money people have, but what they do with their money and their time that contributes to their overall feeling of life satisfaction. In addition, there are many factors which may contribute to life satisfaction, and this will vary from culture to culture.

In conclusion, I do not believe that people in wealthy countries stand to gain any higher levels of life satisfaction from the economic growth of their nation as there are many factors involved in measuring personal levels of happiness and contentment within society that are not necessarily connected to wealth.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 7

Experts have argued that a country's affluence only satisfies its population to a certain degree, and further economic growth offers no additional satisfaction among citizens. I completely agree with this statement, as education and healthcare contribute more to citizen satisfaction. 

As a country becomes more prosperous, people may become more focused on academic status and knowledge rather than absolute levels of wealth. This is because an already-wealthy country may have more resources to invest in education and research, increasing the emphasis on knowledge and intellectual pursuits. Additionally, in more affluent societies, there may be a cultural shift towards valuing academic achievements to gain social status and prestige. These countries may also face new challenges and opportunities requiring higher education and knowledge. For example, as technology advances and new industries emerge, such as interstellar travel, there may be greater demand for skilled astronauts and innovators who possess specialized knowledge and expertise from higher education investment rather than purely funds.

Furthermore, in affluent societies, additional increases in wealth do not equate to happiness; instead, people's sense of well-being is determined mainly by the quality of their healthcare services. When people's basic needs for food, water, and shelter are met, they may focus on other areas of their lives, most prominently their health and well-being. People also feel more secure when they know their government is providing them with quality healthcare needed to maintain good health. As access to healthcare is improved, citizens can better care for their health and the health of their families, leading to a healthier and happier population.

In conclusion, when a nation is already financially secure, more money does not bring its residents fulfillment. However, investments in education and healthcare may have a more significant impact.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 8

In recent years, the number of countries which can be considered wealthy has been increasing rapidly. Interestingly, there is a commonly held belief that any additional growth in materialistic wealth would not result in higher satisfaction among its citizens when a country has already achieved financial stability. In my opinion, I completely agree with this notion.

The main point for my argument is that besides financial wealth, happiness is also derived from many other sources. These include having good physical and mental health, being able to spend time with one's family or doing things which one loves. A survey carried out in a number of developed countries has pointed out the majority of people prioritize these factors over monetary wealth. This is a testament to the statement that becoming ridiculously rich doesn't make a person much more satisfied with his/her life.

Another reason why I do not see much value in astronomical wealth is that once physiological needs have been met, people tend to have no further use for money. Quite the contrary, obsession with money can turn into a never- ending race with the finish line being various mental issues for the ones involved. In addition, wealth, historically, has been generated at the expense of the well-being of nature; and no money can make people feel happy living in polluted environments.

However, we have to admit that financial freedom is still a goal that many people share and that being able to make extra money would make our lives a little bit easier. Being able to save up would allow people to plan better for the next stages of their lives, resulting in higher overall fulfillment.

To conclude, I believe being able to cover basic needs should be enough to make most people contend with their lives. However, it cannot be denied that having access to extra wealth can bring about certain benefits to both individuals and society as a whole.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 9

Some have opined that a country’s wealth provides diminishing returns to the citizenry’s satisfaction. In other words, past a certain level of prosperity, a country may not be able to make the inhabitants any more pleased. I am inclined to agree with this statement, despite opposing viewpoints.

There are some reasons to believe that the population’s happiness scales with economic growth. The primary explanation, I suppose, is that an economically developed nation can afford to spend more on social programs. Possible benefits would include improvement to welfare, and free public education for children, all of which pay significant dividends in terms of happiness among the citizenries. Another belief, meanwhile, maintains that in a successful economy, the entire society is advantaged thanks to the trickle-down effect. To roughly explain, during a growth period, the elite will raise spending, causing trade to flourish, and consequently, businesses will be paying higher wages to their workers, spreading the benefit to all. Even the lower rungs of society can experience more satisfaction as a result of this development.

On the other hand, the idea that people’s happiness will grow as long as the economy does is not exempt from scrutiny. When additional wealth is generated but other contributing factors to optimism are not proportionally improved, the population is less likely to feel more content. In the case of environmental cleanliness, people can become disgruntled if no money from economic growth is used for conserving the environment, resulting in them living in filth. Law and order are also consequential in this regard. While a country may be affluent, refusing to enforce the law would demoralize the populace, because ordinary people see that criminals roam free and unpunished. Certainly, there are prominent ways where economic development fails to translate into citizens’ pleasure as it progresses.

In conclusion, while prosperity can positively affect satisfaction levels, contentment does not always increase with more wealth generated in the economy. The key to improving a population’s happiness, in my opinion, lies in the ability to spread growth across a multitude of factors.

Some experts believe that when a country is already rich, any additional increase in economic - mẫu 10

Economic growth is one of the top priorities of every state around the world. However, some experts believe that rich nations with any additional increase in economic wealth are unable to create more satisfaction for their citizens. Personally, I hold a different perspective on this notion.

On the one hand, it is argued that individuals from improved societies may not experience greater pleasure because of the heavy workload. Due to the tasks of expanding the economy, businesses are required to boost their productivity and foster innovative progress, leading to increased working hours. Therefore, people may have less time for leisure activities, causing stress and pressure which are the two main indicators when measuring the happiness index in a certain country. For instance, being the most developed economy in the world, the U.S. has the highest suicide rate globally.

On the other hand, I am of the opinion that growth in the economy is positively associated with happiness for several reasons. Firstly, it is undeniable that citizens from richer countries can have a higher living standard, including better living conditions with modern facilities and more chances to access the top education system and the world-class healthcare system. As a result, the world has witnessed a huge flow of people from underdeveloped and developing regions migrating to developed nations with the hope of a brighter future. Secondly, with a prosperous economy, wealthier countries can have more resources to overcome social issues, such as unemployment, environmental damage and inequality. To illustrate, during the COVID-19 pandemic, while poorer countries were struggling to meet their citizens' basic needs, including food, medicine and accommodation, individuals from richer ones can easily overcome the pandemic with financial support from their governments.

In conclusion, while growth in the economy can lead to a more stressful workload, I firmly assert that this development contributes significantly to an individual's fulfilment thanks to a higher living standard and social issues being addressed. It is advisable that countries should continuously develop their economies to increase the happiness of their residents.

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