Economic Growth Has Helped Many Become Richer

Economic Growth Has Helped Many Become Richer

In recent times, economic growth has helped many become richer, both in developed and developing countries. However, those in developed countries are not as happy as they were in the past. Why is this? What can be learned from this?

Nowadays, global growth increases, there has been a surprising degrowth reported levels of happiness in developed countries. According to my, this is due to lifestyle change and believes that money is a basic requirement of happiness.

The main reason individuals countries are less happy is because of how people live. In the past, people had less free time, and the majority spent more time in social life and outside activities. Modern lifestyles are around isolation. For instance, spend more time watching movies, Netflix, check social media, and listening to music. This 21st-century lifestyle would decrease happiness levels.\

On the other hand, these lesson from this development is that wealth is only created happiness, and then many would consider that money has no relation to happiness. However, families live in poverty line problem simple matters. Now they are richer than before, and they can buy important things and get a good education and manage their work. Also, they can interact with someone from anywhere. They can do anything from home like digital transactions, e-shopping. So they should not go outside and interact with someone.

To sum up, I want to say something we can learn above discussion loves our life. It is true we need to work and earn money but cannot deny enjoying our life with lovely people.

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About manjeet singh 363 Articles
I'm Manjeet, an experienced teacher of IELTS with experience in teaching students how to grasp this English language. My journey to academic excellence began at the world-renowned LPU JalandharUniversity, where I obtained my bachelor's degree of English and Education. This fueled my love of teaching and exploration of the language. I am a specialist in creating individualized educational plans that do not only focus on achieving top IELTS scores, but also at developing a passion for language learning and the English language.