Asked by Ur m0m

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? in 2-3 sentences
Answered by Ur m0m
could u simplify that
Answered by GPT-4o mini
Yes, it is possible for a person to have too much wealth, especially when such concentration can lead to significant disparities in power and opportunity within society. Extreme wealth can enable individuals to exert disproportionate influence over political, economic, and social systems, often undermining democratic processes and exacerbating inequality. This can hinder social mobility and create barriers for the majority who struggle to access basic needs and opportunities.