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Zeek asked in Arts & HumanitiesPhilosophy · 2 months ago

what does money do?

what is its purpose

21 Answers

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  • Raja
    Lv 7
    1 month ago

    Money is your life.

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  • Anonymous
    2 months ago

    it is a representation of work hours or productivity you did so you can save it to exchange those hours of life/labor for things you want and need to other people who worked hours to make provide services products etc.. 

    smarter people can save better than others , once saved they can also spend it more efficient in manner that could duplicate their hours of work saved (invested) 

    things like buildings and tools and equipment cost money because those who made those tools and building wanted to be compensated for their hours worked... this requires money or hours of work saved by someone... 

    if a accumulation of people put their money together "they could" own a factory/farm/company as a group. of course investors often are not paid for years until their is a net profit thus most workers will not ever invest because they do not want to work for no pay waiting for the profit to start collecting money.  

    did you realize as of 2019 Amazon has yet to realize net profits ,, and thus the cost of building the company has not been paid for 

    fact is most people have no idea what gross sales net profit gross profit cost of goods over head account receivables etc are 

    that is why the money they earn today they spend today and they will never get ahead 

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  • Jesere
    Lv 7
    2 months ago

    To pay for goods and services.

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  • 2 months ago

    It allows us to trade in odd lots. We can charge someone $87 dollars for something instead of calculating what fraction of a cow that is worth, etc.

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  • F
    Lv 6
    2 months ago

    Mainly a much more convenient system than bartering. I mean fancy taking a sheep to the pub on Friday night to swap for some beer. Much easier with money. 

    It also allows governments to control us and allows greedy people to look big and to have anything they want when they want, and then blame everyone else when they are deep in debt.  

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  • JASON
    Lv 5
    2 months ago

    It allows you to assign a value, which can be broken down in to very small parts, (pence or cents etc), to anything that can be sold. Which in turn allows anything that can be sold, to be exchanged. You could cut a pig up in to small pieces to exchange it with someone for something, but you couldn't break a car down and sell it without losing its value.

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  • Money is a means of living.  :D

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  • Mike W
    Lv 7
    2 months ago

    It's a more convenient, and portable medium of exchange than sheep, goats, or other barter items.  

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  • 2 months ago

    "Money buys" a few more weeks before the nexy big Pandemic.

    Except this next one will be SO BIG as to enable us all to Tell Our

    granchildren...

    "we lived in the time of The Pandemic"   (& I DON'T MEAN THIS "Virus one" 

    either !)

    Source(s): Greta Thunberg & the pandemic philosophy of Sustainability .... Learning from our modern mistakes & so PLANNING for a future Environmental pandemic.
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  • 2 months ago

    I guess money itself is just an object used for trade to gain other things. However, unlike other objects money is the only object that can be used to trade for anything from food to houses. 

    Whether that's a good thing is up to you.

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