2006-09-05 02:57:49 · 14 answers · asked by hog4ubaby 2 in Business & Finance ➔ Other - Business & Finance
no. money allows for the trade of goods and services. imagine you go to work for 8 hours and your boss pays you in ducks. now ducks may have some value but maybe the gas station clerk doesn't want a duck for some gas. ducks are hard to exchange for other goods and sevices. money acts as stored energy. you work , those efforts are stored on little pieces of paper , you turn the little pieces of paper into the products of other people's labor(paying for goods and sevices)
now I imagine there may come a time when we use electronic credits but it's the same principle
2006-09-05 03:10:54 · answer #1 · answered by Anonymous · 0⤊ 0⤋
This is something I've considered in the past and wondered if it would be viable.
However, I have always managed to come up with more negatives than positives.
For example:
If there's no money, people aren't going to do jobs, which therefore means no more going out for meals as there will be nobody to make or serve the food. We'd have to make our own clothes. There would be no such thing as a pub because there wouldn't be any bar staff. There would be no more cinema as they'd be no actors, cameramen or even any cinema because nobody would be willing to build it.
Next problem is housing. How do you decide who gets the nice big house and who gets the pokey one bed flat? If you're not paying for property, they'd all have to be exactly the same, but even then, who gets to chose the location they want??
Kids wouldn't have to go to school because they wouldn't need qualifications because they wouldn't need to go out to work, so there would be troublesome kids on the streets and crime rates would increase.
In conclusion, the world would go backwards until we would all end up like cavemen again.
2006-09-05 10:09:01 · answer #2 · answered by Wafflebox 5 · 0⤊ 0⤋
If you have a world with n goods or services then you need to calculate approx n^2 cross rates to quote the price of each good. It is just much more efficient to have money that is used to convert and evaluate prices of each good.
2006-09-05 10:05:40 · answer #3 · answered by mbnes 2 · 0⤊ 0⤋
Of course it is the world did without money before some ponce decided to print some up.
Barter system works.
2006-09-05 10:30:05 · answer #4 · answered by illstealyourthunder 3 · 0⤊ 0⤋
Yes---if people could "evolve" to the point where we were beyond our mostly materialistic desires, greed, and power-mongering, and realized that the greater good is that we all succeed, not just a few of us....so in other words, no, not in the foreseeable future.
2006-09-05 10:06:57 · answer #5 · answered by eal 1 · 0⤊ 0⤋
People have lived in remote tribes away from civilisation for thousands of years and they're still doing alright. In fact, they have more knowledge and a better life than we do.
2006-09-05 10:04:17 · answer #6 · answered by Anonymous · 0⤊ 0⤋
No - money makes the world go round and it makes me happy!!!
2006-09-05 10:04:01 · answer #7 · answered by thebigtombs 5 · 0⤊ 0⤋
NO
Would you have a Mansion or a Flat if you only had to choose ?
Would you build a Mansion or a Flat if you had to give it away ?
2006-09-05 10:00:05 · answer #8 · answered by Anonymous · 0⤊ 0⤋
Hell no , cause money makes the world go around!!
peroid
Marilyn
2006-09-05 10:03:13 · answer #9 · answered by **Marilyn** 1 · 0⤊ 0⤋
I can't imagine so if you want to maintain the technological level of development.
2006-09-05 10:06:34 · answer #10 · answered by Silkie1 4 · 0⤊ 0⤋