2006-08-18 08:22:49 · 29 answers · asked by ? 3 in Social Science ➔ Economics
definitely cigarettes...
2006-08-18 08:28:31 · answer #1 · answered by oakesy1971 3 · 1⤊ 0⤋
Money is just a means of accounting for value in products and services which we exchange. It makes bartering easier, as we can use these notes of promises to exchange what we have for what we want without having to find a person who wants what we have and has what we want.
Therefore, the only way you can waste money is to burn it or to give it away and receive nothing in return. I suppose you could also pay too much for something that has a perceived lower value.
However, the perception of value for money comes from the purchaser. If the buyer is prepared to pay a certain amount of money, and a seller is prepared to accept that amount of money then there is no waste if that is the only transaction.
If there is an exchange of money, where a money broker takes a commission in that exchange, then that surely must be a waste of money. Nobody benefits from the costs of exchanging money in the sense that there is no service or product which is being bought which has any real value.
The costs of exchanging money is a total waste of money.
2006-08-18 08:48:27 · answer #2 · answered by James 6 · 0⤊ 0⤋
Form an individual's point of view, nothing is. Since you agree to pay a certain price for something, then to you, it's not a waste.
However, it can be a waste in retrospect, or if you later discover that what you paid for is not what you expected when you paid for it. If you allow this type of 'waste of money' feeling, then almost anything could be, anything you changed your mind about, or anything that turned out worse that you expected when you paid for it...
2006-08-21 15:41:05 · answer #3 · answered by ekonomix 5 · 0⤊ 0⤋
Many things, but very high on the list would be the billions spendt on needless wars which cause so much human misery and loss of life. Wars also often destroy homes, infrastructure, airports, roads, factories. All these structures must at some time be replaces with more expenditure if the country affected is to recover to pre-war levels of prosperity.
2006-08-18 14:59:50 · answer #4 · answered by perdidobums 5 · 0⤊ 0⤋
A waste of money is money that you have and use for an item that you know you will never need the use of so ends in the back of the cupboard...but count drinking and smoking and drugs in that too...but they will never end up in the cupboard with the other things
2006-08-18 08:43:39 · answer #5 · answered by doreen c 2 · 0⤊ 0⤋
i think the war in iraq is a big waste of money. i admit that what they did to america was wrong, but i think we need to fix ourselves before we try to fix them. we have homeless people everywhere, and were giving money away on gameshows and the lottery, were wasting money on military weapons when we have hungry and dying children. why spend money on weapons when we could use that for childrens hospitals, and helping the needy?
2006-08-18 08:36:59 · answer #6 · answered by tiffany 3 · 0⤊ 0⤋
40,000 bucks for a stick of gum.
that would be a waste.
any democrats use of taxes for pork barrel projects too
the iraq war is a huge waste of money as well.
the repubs arent doing any better.
2006-08-18 08:28:39 · answer #7 · answered by digital genius 6 · 1⤊ 0⤋
Escorts
2006-08-18 08:30:17 · answer #8 · answered by brian s 1 · 0⤊ 0⤋
make up (face it, at some point ppl will see u wivout it)
expensive cars (a cheap 1 will get u from a 2 b)
2006-08-18 08:43:12 · answer #9 · answered by Anonymous · 0⤊ 0⤋
Unnecessary items
2006-08-18 08:29:31 · answer #10 · answered by Joe P 4 · 1⤊ 0⤋
a 'spending executed' minus 'thought applied' multiplied by 'self centred outcome' and raised to the power of 'impulsive decision making'.
2006-08-18 08:39:47 · answer #11 · answered by tungsten 1 · 1⤊ 0⤋