In a developing nation, people start to obtain good jobs. Then, inflation cuts their income. The people begin to feel:

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Quizplus · Accepted Answer

When people obtain good jobs and experience rising incomes, they have rising expectations for their standard of living. Inflation cutting their income creates a failure to meet those expectations, leading to feelings of disappointment and frustration, also known as a failure of rising expectations. This is not the same as relative deprivation, which describes a feeling of deprivation or lack compared to others in one's social group. Euphoria and depression are extreme states of happiness and sadness, respectively, that do not accurately describe this situation.

In a Developing Nation, People Start to Obtain Good Jobs