Does wealth reduce anxiety?

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The US has the highest percentage of anxious people, despite being the most prosperous nation, with 31% of people diagnosed with anxiety disorder. Wealth can trigger anxiety, with concerns about maintaining socioeconomic status.

Living in a prosperous country doesn’t necessarily make people less anxious. According to a 2007 study by the World Health Organization, the United States has the highest percentage of anxious people, even though it is the most prosperous nation in the world. The study showed that 31% of people in the United States will be diagnosed with an anxiety disorder at some point in their lives, a much higher number than the 6.5% of people living in Nigeria or 14.3% of those living in Mexico.

Read more about wealth and anxiety:

An anxiety disorder is a mental illness in which the sufferer experiences fear and dread that can become crippling. In some cases, an anxiety disorder can develop without provocation or any perceivable threat.
Some professional financial advisors have observed that people who become suddenly rich often develop anxiety, triggered in part by changes in relationships and lifestyle, along with worries about maintaining their wealth.
The term “state anxiety” is used to describe a condition in which someone is concerned about maintaining their socioeconomic status, often to the detriment of their happiness.




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