Wealth and happiness 1. Give an outline of the views on the relation between wealth and happiness presented in texts 1 and 2.
Text 1:
There are no connection between true happiness and income. It does not matter how many personal setbacks you endure, if you for an example does not have a successful marriage. If your life only is based on how many career triumph you record, you are always trying to reach another step further on your way to the top, which means that you will remain unfulfilled.
An overall happiness is about being happy in the daily activities. Of course people gets happy, when they are taking a step up the salary ladder, but overall happiness cannot be found in climbing the income scale.
Poor nations are going to be happier as they become middle-class nations, but once they are going to be used to the new and better conditions as follows a middle-class nation, their happiness falls once again. They are now trying to reach even better conditions, which means they will never find any kind of satisfaction.

Text 2:
People are happier when they spend money on social experiences instead of material objects.
People today have a tendency to buy expensive clothing, new expensive cell phones or new cars. The problem is that there is a disadvantage in buying luxury goods, in form of an endless cycle of trying to outdo the neighbours all the time. For an example if the neighbour just bought a new car, you must buy a better one yourself. The alternative from spending money on luxury goods is to spend the money on social experiences with friends or family. In this way, you are less likely to compare yourself with your neighbour or friends, which are going to result in more happiness and satisfaction.