answersLogoWhite

0

The phrase describes a wealthy individual who, despite their financial resources, chooses to live in a state of misery, possibly by hoarding wealth or avoiding spending. This behavior may stem from a fear of losing wealth, a desire for control, or a misguided belief that accumulating more will lead to happiness. Ultimately, it highlights the paradox of wealth: possessing riches does not guarantee contentment or fulfillment.

User Avatar

AnswerBot

3mo ago

What else can I help you with?

Continue Learning about Economics

How does the Federal Reserve Board fight inflation or what actions does it take to combat a bad economy?

the board sell securities and increase discount rates


What is the aim of the game in monopoly?

The aim of Monopoly is to become the wealthiest player through buying, trading, and developing properties while bankrupting opponents. Players move around the board, purchasing properties, collecting rent, and managing their finances strategically. The game ends when one player remains financially solvent, having driven all others into bankruptcy. Ultimately, the goal is to monopolize the board by accumulating wealth and assets.


What will happen to the price of toothpaste if a shortage of tubes cuts the supply of toothpaste in half?

The price will rise, because demand will increase and since the supply is low the supplyers can increase the prices. If this answer helped you please: A: Leave a message on my message board B: Press "Recomend this user" So I can figure out how helpful my answers are.


What is the meaning of the game monopoly?

Monopoly is a board game that simulates real estate trading and economic competition. Players buy, sell, and trade properties to create monopolies, aiming to bankrupt opponents and dominate the game board. The game's underlying themes include capitalism, strategic decision-making, and the consequences of wealth accumulation. Ultimately, Monopoly highlights the dynamics of financial power and competition in a fun and engaging way.


What justification would you advance for government intervention in a mixed economy?

This is to enable the government to empower the home industries and increase the purchasing power if its citizens in the country. This enable more investors to come on board and invest in the country

Related Questions

What is the definition of flop?

The word flop has a few meanings: -To fail miserably -To fall -The first three cards dealt on the board in Texas Hold'em Poker


Why do you need fiber glass when you make a longboard?

It will stiffen the board a little but it will also increase the weight that can be put on it. It will overall increase the life of the board.


Which board has 225 squares?

A board having 15 by 15 squares has 225 squares.


What is the short version of the popular board game Monopoly?

Monopoly is a classic board game where players buy and trade properties to build wealth and bankrupt their opponents.


Can pen drives help to increase on board graphics?

Yes


What are the advantages of having a Board of Governors?

advantages of having the board of governors is it gives people a chance to state their beliefs. gives people voices to be heard so it wouldnt be a monarcy.


Is it true that for pirates having woman on board the ship was a sign?

no


How does the Federal Reserve Board fight inflation or what actions does it take to combat a bad economy?

the board sell securities and increase discount rates


Why did the government set up the war production board?

to increase the production of war materials


What does the collective noun board mean?

There is no specific collective noun for the noun members. However, a noun suitable for the situation can be used, such as a board of members, a roster of members, a meeting of members, etc.


How can you increase vga memory of a system by increasing ram?

If you have on-board video (not a separate video card) then you may be able to increase the allocated ram in the BIOS setup.


What is this board game?

It is difficult to know what is this board game without having some description of the board layout or the objective of the game. Some popular board games include Monopoly, Chess, Frustration, Snakes and Ladders, Operation and Game of Life.