WRITING TASK 2
You should spend about 40 minutes on this task.
Present a written argument or case to an educated reader with no specialist knowledge.
Write about the following topic:
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?
Give reasons for your answer and include any relevant examples from your own knowledge or experience.
Write at least 250 words.
There is a growing debate among experts about whether increased economic wealth in already rich countries leads to greater satisfaction among its citizens. While some argue that additional wealth does not necessarily lead to increased satisfaction, I believe that economic prosperity can indeed contribute to overall satisfaction and well-being.
On one hand, it is true that once a country reaches a certain level of wealth, further economic growth may not significantly impact the overall happiness of its citizens. This is supported by the concept of the “Easterlin paradox,” which suggests that beyond a certain threshold, increased wealth does not lead to greater happiness. Additionally, individuals in affluent societies may become accustomed to a certain standard of living, leading to a phenomenon known as “hedonic adaptation,” where they no longer derive increased satisfaction from additional wealth.
However, it is important to consider that economic prosperity can have a positive impact on various aspects of citizens’ lives, ultimately contributing to their overall satisfaction. For instance, increased wealth can lead to improved access to healthcare, education, and infrastructure, which can enhance the quality of life for individuals. Economic growth can also create more opportunities for employment and career advancement, leading to greater financial security and fulfillment for citizens. Moreover, a thriving economy can foster a sense of national pride and confidence in the future, which can contribute to overall satisfaction and well-being.
Furthermore, it is essential to recognize that satisfaction is a complex and multi-faceted concept that is influenced by various factors beyond just economic wealth. Social relationships, mental and physical health, and a sense of purpose and belonging are all critical components of overall satisfaction. Therefore, while economic wealth can play a significant role, it is not the sole determinant of citizens’ happiness.
In conclusion, while some experts argue that increased economic wealth in already rich countries does not lead to greater satisfaction, I believe that economic prosperity can indeed contribute to overall satisfaction and well-being. However, it is important to acknowledge that satisfaction is influenced by a multitude of factors, and economic wealth is just one piece of the puzzle.