Question

i wan a speech for asl on topic money and credit

Answer 1

The use of money spans a very large part of our everyday life. Several transactions can be identified which involve money in any single day. In many of these transactions, services are being exchanged with money. For some, there might not be any actual transfer of money taking place now, but a promise to pay money later. The reason for transactions being made in the form of money is simple. A person holding money can easily exchange it for any commodity or service that he or she might want. Thus, everyone prefers to receive payments in money and then exchange the money for things that they want. In a barter system, where goods are directly exchanged without the use of money, double coincidence of wants is an essential feature. Also, what a person desires to sell is exactly what the other wishes to buy. In contrast, in an economy where money is in use, money by providing the crucial intermediate step eliminates the need for double coincidence of wants. Now, since money acts as an intermediate in the exchange process, it is termed as a 'medium of exchange'.

Answer 2

Money:

As in mathematics zero has its own value like that money has its own value. For living a luxurious life for human being money is very necessary thing. As the trees and animals are found in all places, in the same way everywhere we require money also. To live in society and to maintain our position and status in the society, we need money. For Eating food or drinking water, clothing, to enter in the school, or to take medicine for treatment in hospital or for other purposes, we need a lot of money. Now the question arises that how to obtain the necessary money. For this we have to work hard to and study well, so that we can get a good job or, we can open our own business.

In old time, due to rich persons pressure the poor people suffer many problems. Rich people’s did not respect poor people’s and give them salary in small amounts. But now due to government, there is a improve in the salary of poor people’s. Government given the every right to poor people’s also as equally to rich people’s. Now equal opportunity for education is given to poor people’s also, so that they can also get any good job. Many people think that money gives rise to the evil in people's minds; I don’t think so, because thinking is a function of the human body and not the money.

I understand and agree with that the money is very important for our joy, which God has gifted us. It totally depends on people’s how they use money as some people think that nothing is better than love but some person thinks that money is everything and for earning money they went against the laws. They can do any crime act such as murder, robbery, corruption, taking bribe etc. So, it totally depends on person to person how they make use of money.