Money in your pocket cannot buy all the goods and services that you may need to live well
Answers
(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.
Answer:
Income by itself is not a completely adequate indicator of material goods and services that citizens are able to use. Normally your money can't 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. In many areas, children, particularly girls, are not able to achieve secondary level schooling because government or society has not provided adequate facilities
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