👉 Materialism is a philosophical and psychological theory that emphasizes the importance of material possessions, status, and wealth in one's life. It posits that these things are necessary for happiness and fulfillment, but that they cannot be created or defined solely by them. In this view, the pursuit of wealth and success can lead to dissatisfaction and suffering. Materialism suggests that people should strive to achieve their goals through hard work and dedication, rather than relying on external factors such as possessions or social status. It also
