Material gain is seen as a source of well-being,yet rising incomes don't bring happiness and are often accompanied by depression or other health issues.Based on analyses,which of the following factors may help to explain this inverted outcome?

Question

Quizplus · Accepted Answer

The concept of hedonic treadmill suggests that as people's income increases, they adapt to the higher level of wealth and their expectations and desires continue to rise, leading to a constant pursuit of more wealth and material possessions. This can create a sense of addiction to wealth and material gain, which can lead to feelings of emptiness and lack of fulfillment, ultimately resulting in depression or other health issues.

Material Gain Is Seen as a Source of Well-Being,yet Rising