Good comment - there are two places I disagree with you:
1) See the hedonic treadmill theory[0]. You could point to someone, relatively speaking, who is on top of the world. But they are still unhappy. Why is this? It's sometimes theorized that we are at a "set point" in happiness, and while we can run faster on the treadmill, or slow down on the treadmill from time to time, we are stuck at this set level of happiness.
2) Surely the vast majority of the developed western world is not at a lack for "basic needs", but why is there so much anger and despair? Because I believe you might be missing more of the "basic needs" than just Food and Water. See Maslow's hierarchy of needs[1]. While it is also theory which has arguments against it, it utilizes a more comprehensive definition of "needs."
Surely there are many people in the western world who lack psychological stability or lack companionship.
> All of the needs of your friends and family are met.
You will need to define "needs" because IMHO, that is not true. I have relatives who are veterans of war, friends who have had psychotic breaks, friends who have everything they need but something just doesn't "click" with them.
[0]https://en.wikipedia.org/wiki/Hedonic_treadmill [1] https://en.wikipedia.org/wiki/Maslow%27s_hierarchy_of_needs