Question

importanace of money for 2 marks

Answer 1

Money is not everything, but money is something very important. Beyond the basic needs, money helps us achieve our life's goals and supports — the things we care about most deeply — family, education, health care, charity, adventure and fun.

please mark it as a brainlist pls

Answer 2

Answer:

Importance of money:-

• Money helps in maximising consumers’ satisfaction and producers’ profit. It helps and promotes saving.

• Money promotes specialisation which increases productivity and efficiency.
• It facilitates planning of both production and consumption.

• . Money can be utilised in reviving the economy from depression.

• Money enables production to take place in advance of consumption.

Hope it helps you ✌️