I'm not an economist or anything, but I started thinking about---What would happen if the world collectively banned all types of money/payment? No one would have to work to survive because everything would be free (food, shelter, etc...). Those who enjoyed their jobs or just wanted something to occupy their time or have friendship could work if they wanted (with no payment).
I know this is far-fetched and eventually people would start creating their own forms of payment, but I was interested in what people think might happen. What good effects would it have on the world? What would be the repercussions?
2007-01-10
01:07:09
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14 answers
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asked by
charyl92678
2
in
Economics