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?


On the one hand, due to economical boost, developed and developing nations have recently become wealthier. On the other hand, citizens in the former are found less happy than past. In my opinion, stress and depression are the main reasons because of increased competition in those countries. Whole humankind should learn that money cannot buy happiness; whereas, peace of mind is a true blessing.

In this era, from a toddler to a professional everybody is in a competition in so-called super-power countries. Locals are always under depression and stress despite the fact that these governments have earned and served a lot to the entire society. This is because the normal life of citizens is fast-paced and they hardly get some spare time to look after their health and family which is an ultimate goal of an individual. For example, many couples in the USA work day and night to climb corporate ladders in their respective fields, sacrificing their social existence and healthy lifestyle. Hence, such families eventually become rich but they lose their mental peace and sometimes true relations.

It is high time to understand for these governments that having good financial conditions do not mean that the community will be happy. Authorities, especially in developed countries, must learn that ultimately the citizens seek the peace of mind which has no relation with money. For instance, a poor man in a third world nation can be far happier than a professional sitting in an air-conditioned office in the UK. Thus, lawmakers can learn life lessons from countries such as Bhutan where they measure their growth in a year by measuring the happiness of their citizens.

To conclude, developed countries have banks full of money but stressful and depressed individuals; however, this is the right time for the leaders to learn from the experience and make policies that can be helpful for every individual.

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