Question

Aims and objectives of monetry and non monetary activities

Answer 1

Aims and objectives of monetry and non monetary activities

Answer 2

The main aim or objective of the monetary and non-monetary activity is to maintain stability in the economy.

Explanation:

• The activities of people in an economy contribute to the stability of the economy.
• The economy develops based on the transaction of goods and services in return for cash. Therefore monetary activities aim into the betterment of the society by distribution and rotation of money around the society ensuring stability.
• Similarly, non-monetary activities aim towards the betterment of the less privileged in the society which includes services that might be sponsored by a trust or charitable societies.

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