2006-07-06 21:19:26 · 5 answers · asked by Anonymous in Arts & Humanities ➔ Philosophy
Banks
2006-07-06 21:45:37 · answer #1 · answered by r_govardhanam 3 · 3⤊ 2⤋
From the barter system, switch over to bill of exchange warranted money. If money does not settle things, then anarchy will prevail. Thus it protects the entire society. (Read 'Atlas Shrugged' by Ayn Rand)
Ramachandran V.
2006-07-07 04:50:30 · answer #2 · answered by sarayu 7 · 0⤊ 0⤋
Freedom, if you were paid in chickens instead of money you would have to trade several times to get a shirt. But money allows you to buy anything that is for sale. Letting you have the freedom of choice to buy what you wish.
2006-07-07 22:14:24 · answer #3 · answered by Roadkill 6 · 0⤊ 0⤋
Required amount of money protects happiness and peace, but excess of that protects the greediness.
2006-07-07 07:25:46 · answer #4 · answered by Prince 2 · 0⤊ 0⤋
"Money" is a uniform measure for barter. If people had to decide how many chickens to give a person for a shirt, then someone would feel cheated. Even now, I feel cheated when a shirt costs too much.
2006-07-07 04:25:31 · answer #5 · answered by Jim T 6 · 0⤊ 0⤋