Politics and Economics Discussion

February 16, 2010

The Effects of Money

Filed under: Uncategorized — Tags: , , , — articleranks @ 1:45 am

One of the most important thing in this planet is money. Everyone must have it. Everybody wants it and everybody needs it. It can also “make the world go round” just as love does.

Money’s primary use is a medium of exchange. When money was not yet created, people use things to trade. Animals, fruits and whatever they considered somewhat important were utilized in order to exchange for the goods needed as agreed by two individuals. Barter was not later on used because the transferability of goods is not enough. It is also tiring, inefficient and confusing, aside from the limited resources people have. Considering if the other person wants a meat in an exchange for a bunch of grapes? Meat and grapes are not of the same value? So up until 1500 BC when metal money was invented by the Phoenicians, it began to change the way of barter. Today, every country has a different currency with different values.

Money has become the source of survival that is why in these modern times, one cannot live without money. People usually tend to think that money is all about everything. Money lives within us and we realize our dreams with it. We condemn it and we love it. Some of us would do anything just for money. Although money is only in a form of a metal coin and a piece of paper, it recognizes the belief that nothing in the world is free. Jobs will let us gain and earn money.

How does money affect man?? Can money change a person? It can. Too much love and greed for money makes the difference. Some people make the money the source of their happiness. Money is not the only important thing in the world. The negative effect of money can destroy marriage and family. If couples make money as the source of their marriage, a major conflict can start if one cannot provide the basic needs of the family. Money plays a vital role in the society as the root of all evil. It causes corruption among political officials, kidnapping, smuggling, robbery and even killing just to satisfy the greed.

Now what is the right thing to do? People should realize that living is not all about money. There are other ways of satisfying happiness. We have nothing when we were born. We will be bringing nothing when we die. People should realize that money is not the only important thing in life. Happiness and good memories together with your loved ones is what really matters.

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