affluence
Affluence refers to the state of having a significant amount of wealth, resources, or material possessions. It often indicates a high standard of living, where individuals or families can afford luxury goods, services, and experiences. Affluent people typically have access to better education, healthcare, and opportunities compared to those with lower income levels.
The concept of affluence can also influence social dynamics and cultural values. In many societies, affluence is associated with success and status, leading to a focus on consumerism and competition. However, it can also create disparities, as those without similar resources may struggle to meet basic needs, highlighting issues of inequality and social justice.