Economic growth in recent years made some people in both developed countries and developing countries richer. However, research shows that while people in developing countries are happier, people in developed countries seem not happier than before. Why does this happen? What can we learn from it?

Nobody can deny the growing economic progress in both developing and developed
nations
thanks to globalization. Whereas those
nations
benefit a lot and become wealthier along the line, studies reveal only individuals in the developing
nations
are more delighted with
this
progress. Basically, there’re many reasons for
this
phenomenon and we will discuss
this
issue in
this
essay.
Happiness
is the key factor that makes
people
’s
life
more valuable. In recent years,
people
living in developing
countries
are more satisfied with their
life
than those in the past, while
people
belonging to developed
countries
encounter the contrary phenomenon. It is obvious that
people
from developing
nations
could have higher living standards nowadays in comparison with their previous dwellers. In these
countries
,
money
plays a fundamental role in
people
’s
life
. With the rapid development, they tend to earn more
money
that could help them escape from poverty, allowing them to
fulfill
Change the spelling
fulfil
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their wishes and improve their living quality.
As a result
, they become wealthier and feel happier in their
life
.
On the other hand
, competition in the economy and surrounding problems in society is something that
people
are not happy about. Due to economic growth,
companies
have to compete fiercely against each other for the market. Employees are forced to
work
harder than before to avoid being overtaken by other
companies
in technology, quality, and quantity.
For example
,
companies
in technology, and furniture, ... have to regularly update the market situation to create new designs and technologies to attract customers. When the competition between
companies
is higher, the workers will have to put more effort into their
work
to get a lot of
work
done. That will make their
time
can only be spent on
work
, but lose
time
with family, and entertainment, ... which means that
people
in developed
countries
are no longer as happy as they used to be. Jan-Emmanuel De Neve, Oxford University economist, and WHR collaborator says: “In terms of policy, we always feel that developing for the sake of growth cannot be considered the
happiness
of mankind." From the sentence and the reasons I mentioned above, we can infer some valuable lessons about
happiness
. It is true that we need to
work
and earn
money
for our lives but there is no denying that we need to enjoy our lives with our lovely
people
.
Firstly
, financial adequacy is very important. Without
money
, many
people
will have to live in poverty and
work
too hard to earn a living.
As a result
,
people
are often under constant pressure and
therefore
cannot live happily as financially stable
people
.
Therefore
, governments should support their citizens by providing more job opportunities and greater subsidies during difficult times
such
as a global pandemic or economic crisis to sustain their lives. they are at the basic level.
Besides
, other aspects of
life
also
need to be closely considered to ensure sustainability,
such
as environmental and social issues. Nowadays, many
people
are materialistic, chasing a rich
life
without caring about the existing, good things around them.
Money
is important but not everything.
Happiness
cannot be bought with
money
. It is what makes
life
worth living. Human
life
is limited, so let's spend a lot of
time
for ourselves, travel, discover ourselves, nurture our interests, and wear the crown of ourselves.
Besides
, we should
also
spend
time
with family and those around us, enjoying the moments and moments together.
Submitted by jakelong16091994 on

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