Question

What are the Drawbacks of money?

Answer 1

Explanation:

The following are the various disadvantages of money:

Instability. A great disadvantage of money is that its value does not remain constant which creates instability in the economy. ...

Inequality of Income: ...

Growth of Monopolies: ...

Over-Capitalization: ...

Misuse of Capital: ...

Hoarding: ...

Black Money: ...

Political Instability:

Answer 2

Answer:

1. Instability of the value of money:-

2. Erosion of the social value system:-

Explanation:

# The value of Money is always unstable. So when it loses its value, inflation takes place in the economic system. Again if it raises then the deflation takes place in the economic system.

# Murder,fraud,black money like many social evils take place in the society due to the greed of money.