Question

In American society, success is usually measured by how much wealth a person possesses. While the majority of Americans earn modest incomes and have limited access to wealth, the number of millionaires and billionaires is the United States is growing. By 2025, 28 million Americans will be millionaires in a nation of more than 333 million people. Think about what it means when so much wealth is concentrated in the hands of a few people. Do you think it is possible for a person to have too much money or wealth?
1-2 sentences

Answer 1

Yes, it is possible for a person to have too much money or wealth, especially when such concentration can lead to significant economic disparities, reduced social mobility, and diminished access to resources for the majority. This imbalance can exacerbate social and political tensions, as well as hinder collective well-being and community development.