Describing a system, action, or motivation that is primarily or significantly influenced and directed by the pursuit, accumulation, or preservation of wealth and financial gain. This often implies that financial considerations take precedence over other values, such as ethical concerns, social responsibility, environmental sustainability, or human well-being. wealth-driven endeavors typically focus on maximizing profit and personal financial benefit, potentially at the expense of other considerations. The term highlights the central role that wealth plays in shaping decisions and outcomes.
Wealth-driven meaning with examples
- The company's wealth-driven expansion led to the exploitation of workers and disregard for environmental regulations. Profits were prioritized over employee well-being and sustainable practices, a clear indicator of a focus solely on financial gain and accumulation.
- Critics argued that the government's wealth-driven policies favored the wealthy, widening the gap between the rich and poor. The tax cuts and deregulation benefited investors, showcasing the detrimental effects of wealth prioritization.
- The development of the luxury real estate market is a prime example of wealth-driven development. Mansions and high-end condominiums, cater to wealthy individuals' demands for luxury goods and experiences, showing a strong emphasis on profit.
- The art world is occasionally characterized by a wealth-driven investment culture, where artworks are primarily valued for their potential financial return rather than artistic merit, revealing a focus on speculation over appreciation.