Question

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

Answer 1

❤Hey!❤

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 community takes preventive measures.

Thanks❤

Answer 2

Answer -

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• Money cannot ensure certain aspects in our life such as Pollution-free environment, Unadulterated medicines in the market, Protection from infectious diseases. Hence, money in our pocket cannot buy all the goods and services which we need to live.

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