Economy, asked by Gagan5319, 11 months ago

"Money in our pocket cannot buy all the goods and services that one needs to live well." Justify the statement..

Answers

Answered by skunte70
7

Answer:

Money in your pocket cannot buy all the goods and services that you need to live well.” Explain with examples.

Money in your pocket cannot buy all the goods and services that you may need to live well:

Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. For example, normally, your money cannot buy you a pollution-free environment or ensure that you get unadulterated medicines, unless you can afford to shift to a community that already has all these things. Money may also not be able to protect you from infectious diseases, unless the whole of your community takes preventive steps.

Answered by jiggyasa04
3

one could have all the needed goods he needs somehow but for services money don't matter because every server wants love and respect for serving someone with respect

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