Question

Money cannot buy all the goods and services are needs to live well

Answer 1

avtually money can buy all goods and services..... money is seen as a medium to buy goods instead of exchanging goods....there is no need of double coincidence....

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Answer 2

Answer:

(i) Money or material things that one can buy with it is one factor on which our life depends. But the quality of our life also depends upon non-material things like equal treatment, freedom, security, respect of others, etc.

(ii) Money cannot buy us a pollution free environment, unadulterated medicines, peace, etc.

(iii) There are many facilities like schools, colleges, parks, hospitals which an individual cannot afford. All these are to be provided by the government/society.

(iv) Money possessed by an individual even can not provide us a type of government which take decisions for the welfare of the common people.

Explanation: