If everyone has money and don't need to work, then everyone will be equal with everything and we won't have doctors, teachers, lawyers, police officers and etc. And without theses ppl, life won't be good. So we need them in our life and this is how god made life so we have to just work wit wat we have. :-)
3 years ago
Last edited at 9:48PM on 11/28/2010
Money becomes necessary in an economy that involves the frequent exchange of abstract goods and services. If you're a hairstylist and you wish to exchange goods and/or services with a cobbler, the cobbler may not wish to accept your hairstyling services in exchange for re-heeling your shoes (perhaps he's bald, or perhaps he simply doesn't like your school of hairstyling). If you want the shoes repaired, you'll have to give the cobbler something that is of value to him. Maybe you've got a spare chicken in the coop or a gallon of goat's milk on hand to offer, but perhaps he's vegan and those aren't of any interest to him either. In a currency-based economy, you never have to worry about what type of wealth the cobbler will accept, just how much of it. As a result, exchanges of goods and services can take place much more quickly and with greater ease.