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Money in your pocket cannot buy all the services and goods that u may need to live well.Explain?
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Money in your pocket cannot buy all the services and goods that u may ...
Money is not all that human seEks. alOng with it a secured and safe environment tO livE nf survived is an important. all seEks to leave in for you in pollution proper public not only facilities like school hospital for citizens parKs ETC. not only did the ambience oF equality nd frEedOm are important fOr proper development of our sElf . thus though MONEY can earn ypu short - terM happiness. it dOes ensure a sEnce of contentment nd Fulfillment...MONEY may also be able to protect u from infection disease, unless the whOle of ur community takes preventiVe stEp....HOPE THIS INFORMATION HELPED U •••••••••REGARD.....all
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Money in your pocket cannot buy all the services and goods that u may ...
Introduction: Money, undoubtedly, is a crucial factor that helps us to meet our basic needs and desires. However, it is not sufficient to fulfill all our requirements for a happy and healthy life.

Limitations of Money:

1. Healthcare: Money may help us to afford good healthcare facilities, but it cannot guarantee good health. Serious illnesses and accidents can happen to anyone, regardless of their net worth.

2. Relationships: Money cannot buy genuine relationships and emotional connections with people. It cannot replace the importance of love, care, and companionship in our lives.

3. Contentment: Money cannot buy happiness or contentment. It can provide temporary pleasures and luxuries, but true happiness comes from within and is not dependent on material possessions.

4. Time: Money cannot buy time, and time is a precious commodity that cannot be regained once lost. It is essential to prioritize our time and spend it wisely on things that matter most to us.

5. Environmental Resources: Money cannot buy clean air, water, and a healthy environment. These are essential resources that are necessary for our survival and well-being.

6. Education and Skills: Money can provide access to quality education and training, but it cannot guarantee success or talent. It is up to the individual to develop skills and use them to achieve their goals.

Conclusion: In conclusion, while money is undoubtedly important in our lives, it is not the only factor that determines our well-being and happiness. We need to focus on developing meaningful relationships, maintaining good health, and valuing our time and resources. Money can help us to achieve some of these goals, but it cannot replace the importance of personal growth and fulfillment.
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Read the extract given below and answer the questions that follows:Bartering is the act of trading one good or service for another without using a medium of exchange such as money. A bartering economy differs from a monetary economy in a variety of ways. When barter was used as an exchange medium, the needs of people were very limited. This trading method doesn’t involve money and it relies solely on exchanging goods and services for other services and goods in return. The use of money spans a very large part of our everyday life. To understand the usefulness of money, we must consider what the world would be like without money. How would people exchange goods and services? Economies without money typically engage in the barter system. Barter is highly inefficient for trying to coordinate the trades in a modern advanced economy. In an economy without money, an exchange between two people would involve a double coincidence of wants, a situation in which both the parties have to agree to sell and buy each other’s commodities. This is known as double coincidence of wants. What a person desires to sell is exactly what the other wishes to buy. In a barter system where goods are directly exchanged without the use of money, double coincidence of wants is an essential feature. Another problem with the barter system is that it does not allow us to easily enter into future contracts for purchasing many goods and services. Money solves the problems that the barter system creates. Money serves as a medium of exchange, which means that money acts as an intermediary between the buyer and the seller. Modern forms of money include currency — paper notes and coins. The other form in which people hold money is as deposits with banks.Answer the following MCQs by choosing the most appropriate optionQ. In a barter system

Read the extract given below and answer the questions that follows:Bartering is the act of trading one good or service for another without using a medium of exchange such as money. A bartering economy differs from a monetary economy in a variety of ways. When barter was used as an exchange medium, the needs of people were very limited. This trading method doesn’t involve money and it relies solely on exchanging goods and services for other services and goods in return. The use of money spans a very large part of our everyday life. To understand the usefulness of money, we must consider what the world would be like without money. How would people exchange goods and services? Economies without money typically engage in the barter system. Barter is highly inefficient for trying to coordinate the trades in a modern advanced economy. In an economy without money, an exchange between two people would involve a double coincidence of wants, a situation in which both the parties have to agree to sell and buy each other’s commodities. This is known as double coincidence of wants. What a person desires to sell is exactly what the other wishes to buy. In a barter system where goods are directly exchanged without the use of money, double coincidence of wants is an essential feature. Another problem with the barter system is that it does not allow us to easily enter into future contracts for purchasing many goods and services. Money solves the problems that the barter system creates. Money serves as a medium of exchange, which means that money acts as an intermediary between the buyer and the seller. Modern forms of money include currency — paper notes and coins. The other form in which people hold money is as deposits with banks.Answer the following MCQs by choosing the most appropriate optionQ. Which of the following has an essential feature of double coincidence?

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