Question

money cannot buy all the goods and services that a person may need to live well explain that statement with suitable example

Answer 1

Money cannot buy all the goods and services that one needs to live well because
(i) Apart horn money, the infrastructure and facility like health and education is required to live well. You can’t buy all services and goods by money until the facility arrangements are available at required time and place.
(ii) The reason behind undernourishment of 40% people of India is poverty and unavailability of resources or employment to learn and the second reason is the distribution of food. The food distribution system is not good in most of the rural parts of country, which remains most of the people undernourished.

Answer 2

money can't buy all goods and services that a person may need to live well. there are various other factors which A human being require in order to lead a happy and contented life.for example- a working employe desire many other human factors other than a good pay like he will also wish that the place where he would work would be pollution free, and he would also wish job security , freedom to take his decision , and many other non materialised factors .these are the assets which he can't buy with money thus we can conclude that there are many other things which a person needs other than money.