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Why do you need money for living?

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Anonymous

15y ago
Updated: 8/17/2019

Among friends and family it is common to trade services: If you do the dishes, I'll take you to the movies. Or to trade goods, like trading Baseball cards or marbles at school.

Money is just that kind of trading put in system: A token that you have done "favors to society" that are worth this much, and therefore can spend those tokens on getting the same value of favors (goods and services) back from other people in society.

Even if you take away money, the underlying principles do not go away - if you want other people to give you something, you still need to give something in return. Societies without money use barter, trading services and goods directly.

So strictly speaking you don't need money, but you still need to trade things and services with other people. In a modern society, money are just simpler to deal with, as there is no need to figure out what to do with the live chicken or the bicycle you got in return for your help instead of money.

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Wiki User

15y ago

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