How far is it correct that money in your pocket cant buy basic needs to live well? Explain
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it's not correct because the money cannot buy health and many more emotions
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(i) Income by itself is not a completely adequate indicator.
(ii) Money cannot buy you a pollution-free environment.
(iii) Money may also not be able to protect you from infectious disasters.
Therefore, the whole community needs to take preventions i.e.,
(i) collection security for the whole society
(ii) Public facilities such as schools
(iii) Public distribution system in some states. All this can only be done collectively and not induvidually.
hope this helped!
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