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Why does Singapore rank 1st on the material wealth and as low as 17th on the well-being scales?

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Why does Singapore rank 1st on the material wealth and as low as 17th on the well-being scales?

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The indicators show that lack of leisure time has a strong effect on the life satisfaction scores in Singapore. In common with many of the countries that have moved fast up the material wealth rankings, long hours are seen as a necessity on the path to overall prosperity; reaching the kind of balance between material wealth and leisure time, exhibited by the countries at the top of the rankings, remains a challenge.

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