Question

What how is money used in everyday life explain with example?

Answer 1

Answer:

Money, is the most accepted medium of exchange for carrying out almost all the transactions such as buying and selling of any goods and services. It is used in "obtaining the basic necessities" such as "food, clothing, and shelter". It is also important in "obtaining services" such as "education, transportation.

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.

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