Wealth is the abundance of valuable resources or material possessions, while greed is an intense and selfish desire for more, often at the expense of others. Moderation refers to the practice of avoiding excess or extremes. In American society, the growing concentration of wealth raises questions about the impact of greed on social equality and the well-being of the broader community. It is possible for a person to have too much wealth, especially when it leads to inequalities that undermine the basic needs of others. The concept of moderation suggests that a more balanced distribution of resources could create a healthier society, fostering opportunities for all rather than allowing a select few to accumulate vast fortunes while others struggle to get by.
Be sure to define the words: wealth, greed, moderation. Use 1 of the words above in your written response and make real-world connections
Respond to the prompt in 4-5 sentences: 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?
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