One implication of the phenomenon described by economist richard easterlin as the "hedonic treadmill" is that: question 4 options: people who consume more goods and services are happier than those who consume less

"Hedonic treadmill" refers to the situation where the consumer runs after satisfaction, but is unable to leave the place and really achieve the pleasure and satisfaction he wants.

Explanation:

"Hedonic treadmill" is the term used in the economy to describe the situation where consumers try to seek satisfaction and pleasure in the consumption of goods and products, but are unable to achieve this satisfaction. They end up running after happiness without being able to own it. We can use as an analogy, a mouse running in its "carousel", the rainho runs at high speeds, but it can't get anywhere and stays, just walking in circles.

"Hedonic treadmill" is often used to explain a consumerist and marerialist society, which tries to fill its existential voids through buying and more purchases, which can even bring satisfaction that will not last and will pass quickly.

if i need to borrow money for anything, it would be for something like a house or an apartment but, that depend on the situation.

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