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What Is Rich
What is Rich?
The status, for which every individual and every nation strives hard to achieve, the status which makes a person or nation inimitable by others is nothing but the status of being rich. In general, being rich can be defined as possessing anything from money to resources to traits which are abundant in quantity. Being rich makes oneself proud and happy and helps one to lead a sophisticated life in society. The first and foremost aim of every nation in this world is to abolish poverty and enable its people to be prosperous and opulent.
One interesting fact about being rich is that it does not have a straight forward definition and there is no universally accepted definition either. Each one has their own way of defining how rich he / she is based on his / her satisfaction. The concept of wealth is relative and it not only differs from country to country, but the diversity is very well manifested in different sections of the same society. The impact of richness and wealth on the society is so heavy that it has led to social stratification .The stratification of society puts people of the same society under hierarchical arrangements based on their wealth and richness. However, this social stratification is also not universal.
Surprisingly, richness and atheism may go hand in hand, the countries which are richer has a populace that does not have faith in religion. Nevertheless, in countries where atheism is mandatory, we cannot see a great deal of personal economic wealth thanks to the communist ideology which demands equal distribution of wealth and richness among people.
But when it comes to personal wealth it cannot be generalized. If we take the world’s richest people, it comprises of both atheists and believers. As a proof to the above mentioned statement, Bill Gates is an agnostic, whereas Mittal and Mukesh Ambani have strong faith in Hinduism.
Canada is the tenth largest economy in the world and is one of the richest nations in the world. Thanks to the rich trade with Asia, there has been a rapid growth in Western Canada and oil wealth provided a boost to Alberta and Saskatchewan. In the late 19th century, the four Atlantic Provinces underwent a decline after the collapse the fishing industry. However in recent years these provinces started showing resilience after offshore oil and gas have begun to flow into these regions.
This changed the mindset of people who had planned leave the Atlantic Provinces and migrate to some other place in order to improve their standard of living. In Newfoundland and Labrador there has been surge of wealth and economy because of oil and gas exploration, despite many were moving to Alberta in search of rich and high standard of living. The above stated examples divulge the impact of wealth and richness on the Canadian economy, one of the world’s largest economies and how it can change the composition of the society. The importance on rich and wealth is obvious from above discussed facts, yet it is up to oneself to define the extent of its importance.
The status, for which every individual and every nation strives hard to achieve, the status which makes a person or nation inimitable by others is nothing but the status of being rich. In general, being rich can be defined as possessing anything from money to resources to traits which are abundant in quantity. Being rich makes oneself proud and happy and helps one to lead a sophisticated life in society. The first and foremost aim of every nation in this world is to abolish poverty and enable its people to be prosperous and opulent.
One interesting fact about being rich is that it does not have a straight forward definition and there is no universally accepted definition either. Each one has their own way of defining how rich he / she is based on his / her satisfaction. The concept of wealth is relative and it not only differs from country to country, but the diversity is very well manifested in different sections of the same society. The impact of richness and wealth on the society is so heavy that it has led to social stratification .The stratification of society puts people of the same society under hierarchical arrangements based on their wealth and richness. However, this social stratification is also not universal.
Surprisingly, richness and atheism may go hand in hand, the countries which are richer has a populace that does not have faith in religion. Nevertheless, in countries where atheism is mandatory, we cannot see a great deal of personal economic wealth thanks to the communist ideology which demands equal distribution of wealth and richness among people.
But when it comes to personal wealth it cannot be generalized. If we take the world’s richest people, it comprises of both atheists and believers. As a proof to the above mentioned statement, Bill Gates is an agnostic, whereas Mittal and Mukesh Ambani have strong faith in Hinduism.
Canada is the tenth largest economy in the world and is one of the richest nations in the world. Thanks to the rich trade with Asia, there has been a rapid growth in Western Canada and oil wealth provided a boost to Alberta and Saskatchewan. In the late 19th century, the four Atlantic Provinces underwent a decline after the collapse the fishing industry. However in recent years these provinces started showing resilience after offshore oil and gas have begun to flow into these regions.
This changed the mindset of people who had planned leave the Atlantic Provinces and migrate to some other place in order to improve their standard of living. In Newfoundland and Labrador there has been surge of wealth and economy because of oil and gas exploration, despite many were moving to Alberta in search of rich and high standard of living. The above stated examples divulge the impact of wealth and richness on the Canadian economy, one of the world’s largest economies and how it can change the composition of the society. The importance on rich and wealth is obvious from above discussed facts, yet it is up to oneself to define the extent of its importance.
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investing
