Question

money as a source of power. explain

Answer 1

Money runs the world’s economy. It determines who rules nations, and it rules lives.

These are the three most significant properties attributed to the power of money – in addition to its basic function as a medium of exchange. But we can attribute several less significant properties, although similarly important, to the power of money.

Money can separate people of the same nation into classes, divisions and groups. The pursuit of money and wealth can turn people and even nations against each other. The ability of money to corrupt can change a person’s personality from social to self-oriented. Since money drives people to produce services in order to pursue everyday life, if they are not able to do so, it can inflict stress, leading to everything from breakdowns to mental illness and crime.

Money determines the economy of country because industrial growth , betterment of the society,etc. For defence and army as well we require money.Now you know why it is important.