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if there was no money... what do u think plzzz tell meee

2006-12-13 13:18:59 · 9 answers · asked by Angel L 1 in Social Science Economics

9 answers

We would probably go back to dealing in precious metals like gold and silver as was done centuries ago, along with the bartering process.

2006-12-13 13:29:24 · answer #1 · answered by LindaLou 7 · 0 1

we would all die presumably, for money is simply representative of product and if there was no product we couldn't eat. However if you are referring to a system which uses some other medium of exchange, such as the barter system, or government distribution, both of these are very bad alternatives. The barter system has been used for thousands of years and still persists to this day, however it is very impractical because if you happen to be a sheep herder, and you would like some eggs, how do you pay, you don't want 500 eggs nor do you want to kill a sheep to just give him a thigh, so we created money as a more easily dividable representation of that which we have produced. The other approach via government distribution... is called communism, which is when the government controls the means of production as well as the distribution there in, all private property is abolished, and things are held in common controlled by some system of rulers be it monarchy, democracy, aristocracy... whatever. This is a horrible system, an unjust system, and one which has always and will always fail. For many reasons, which I cannot list in such brevity, however, as humans we are individuals we do not have a collective stomach, we do not have the same desires, many people would choose to live leisurely lives, with minimal quantities of goods, while others would choose to work hard and accumulate large quantities of goods. Our choices have consequences, some we predict others are unknowable, but we face each of them as individuals. So if produce were held in this governement dominated fashion, the distribution would be inherently inequitable, for those who have worked hard have no obligation, to provide for those who chose not to produce, and those who chose a leisurely lifestyle, have no right to the produce of others. The fair way to view this is with an adherence to property rights, that which one has produced is rightfully his, to do with as he sees fit, and the sole function of government is to be to protect us from coercion exerted upon us by others, not to become the principal user of coercion against us, stealing all of our produce to "re-distribute" as they see fit.

2006-12-14 06:06:14 · answer #2 · answered by iconoclast_ensues 3 · 0 1

Money is used as a tool of exchange. Without money we would have to barter for goods and services. Could you imagine a math teacher going to Cub and asking if she could teach the owner about exponents for a can of soup. The economy would be inefficient... to plainly put it.

2006-12-13 13:43:51 · answer #3 · answered by Peter Griffin 1 · 1 0

We need a way to value things... without money, we'd exist on some sort of barter system... then, we would evolve to maybe exchanging shells or beads (so we don't need to carry around stuff to barter with), then we'd... develop money.

2006-12-13 14:06:07 · answer #4 · answered by justr 3 · 0 0

We'd be living in poverty, hungry, in mud huts, with short life spans, and with no technology. Little or no societal progress beyond the status quo of the bronze age could conceivably be possible without the advent of money.

2006-12-13 15:56:38 · answer #5 · answered by KevinStud99 6 · 0 1

Simple transactions would take forever. Just imagine trying to get change for a cow. Or going to work and getting paid with shoes.

2006-12-13 13:27:08 · answer #6 · answered by Anonymous · 1 1

if their was no money we would be tradeding things like we need before there was money

2006-12-13 13:22:13 · answer #7 · answered by Thomas g 2 · 1 0

we would all be lazy because they could get what they want for free.

2006-12-13 13:23:17 · answer #8 · answered by Anonymous · 0 1

then there wouldn't be no such thing as money

2006-12-13 13:21:11 · answer #9 · answered by ♥•[[-•¤мªĥª∂¤ •-]]•- ♥ 2 · 0 1

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