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

According to

some specialists, when a country is developed richly, any extra growth of

wealth

cannot make its inhabitants more satisfied. I agree with

this

point of view to some extent because I believe

happiness

does not necessarily increase with the growing

wealth

of nations. The prosperity of a developing country is significant regarding the

happiness

levels of citizens.

Firstly

, the government can provide the most important necessities for the public,

such

as better health care and education systems.

This

way the government can bring

happiness

to its residents by preventing them from health problems and allowing them to acquire the knowledge needed.

Also

, the

wealth

of nations means a great number of opportunities for society as a whole. Higher salaries and more lucrative job positions can be good examples of that numerous chances.

However

, the public’s life satisfaction does not correlate with higher income levels when it comes to developed countries,

such

as China and South Korea. In these countries, per capita income has doubled in less than 20 years but

overall

happiness

does not seem to have followed the same path. The numbers are not statistically significant at

this

level in most cases because what makes citizens happier is not material well-being anymore but focus on more urgent personal concerns relating to things

such

as family life. In conclusion, increases in the economic

wealth

of nations cause short-term positive effects on the public’s

happiness

, but they do not seem to hold up over the long term as the factors of life satisfaction vary.