Answer:
Explanation:
The belief that material possessions improve individuals’ personal and social well-being permeates America. Think about it: If someone is bombarded with images or reminders of wealth, such an abundance of investment banks nearby or neighbors driving luxury cars, they are likely to feel a need to spend money they may not have to project an image of wealth they don't actually possess. Living in a strong local economy may change an individual’s comparison standards and encourage individuals to socially compare with respect to their material belongings, style, and consumption patterns
