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Why do people demand money?

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Why do people demand money?

Posted by Phindarihun Malngiang 1 year, 6 months ago

CBSE > Class 12 > Economics

1 answers

Mahi Sharma 1 year, 6 months ago

People demand money because money is the only medium of exchange of goods and services in an economy. By money, people can fulfill their demand by getting satisfaction through consumption expenditure and also get return plus surplus by investment expenditure.

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This content has been hidden. One or more users have flagged this content as inappropriate. Once content is flagged, it is hidden from users and is reviewed by myCBSEguide team against our Community Guidelines. If content is found in violation, the user posting this content will be banned for 30 days from using Homework help section. Suspended users will receive error while adding question or answer. Question comments have also been disabled. Read community guidelines at https://mycbseguide.com/community-guidelines.html

Few rules to keep homework help section safe, clean and informative.

Don't post personal information, mobile numbers and other details.
Don't use this platform for chatting, social networking and making friends. This platform is meant only for asking subject specific and study related questions.
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Ask specific question which are clear and concise.

Remember the goal of this website is to share knowledge and learn from each other. Ask questions and help others by answering questions.

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