Role of money in our life article writing
Answers
Explanation:
Money plays a very important role in our daily life Money has three primary functions. It is a medium of exchange, a unit of account, and a store of value: Medium of Exchange: When money is used to intermediate the exchange of goods and services, it is performing a function as a medium of exchange.Additionally, the value of money must remain stable over time.
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Answer:
Often times, people say that they can live without money.
Money plays a huge role in the society in variety of ways such as in business, at peoples job, and even in education. Money helps people achieve a better quality of education, larger chance of business success, and higher work output.
Money, the primary means of transaction, is of great importance in our everyday life. It is the most accepted mode of carrying out almost every transaction and exchange. 2. Money is used in obtaining the basic necessities of life including food, clothing, and shelter. The truth is money is not the most important thing in life, but it will make the most important things in life so much better.
Money is needed for basic survival. Everyone needs money. If we do not have money, we cannot afford basic necessities such as accommodation, food and clothing. Although money cannot directly buy us health, it can be used to improve our health