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?

#experts #country #wealth #citizens

We know that every year, one of the world organizations will publish a report about the

country

's Gross domestic product and a category of economic

wealth

levels.

According to

several scholars, they believe that when a

country

is already wealthy, every extra

increase

in economic riches does not make its residents any more satisfied because there are a lot of different types of

people

However

, we

also

should consider a

country

's development, which will be beneficial with additional growth in economic

wealth

. Regarding those issues, I will discuss them in

this

essay. On the one hand, a

country

has various types of groups of

people

who live there. When a

country

makes additional gains regarding economic

wealth

, it will affect some groups of

people

For example

, students, single parents, and elder

people

will feel these effects when a

country

rises in economic

wealth

. It is because they do not have much money to support their lives when all of their physiological needs,

such

as food, clothes, and other costs,

increase

On the other hand

, any extra

increase

in economic riches in a

country

will be invested in

country

development. It can be advantageous and

also

support their citizens in the future and make them more satisfied;

as a result

, a

country

will be growing rapidly.

For example

, currently, South Korea is increasing their economic

wealth

through investments in the technology field,

such

as artificial intelligence, to support their

citizens

Change noun form

citizen's

citizens'

show examples

healthier and happier lives by developing new technologies. In conclusion, some experts argue that when a

country

is already wealthy, any growth in economic riches does not make its residents happier.

However

, personally, I believe that any additional

increase

in economic

wealth

in a

country

can be an investment for future generations and will make them more satisfied with their lives.

Submitted by frens on Sat Aug 05 2023

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