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Why people like money?

Updated: 10/10/2023
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Wiki User

13y ago

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People earn money because they live in a Society where Minted coinage and paper money represent the overall performance of one's nation.

Coinage was established approximately in the Dark Ages with the Athenian coin being recognized essentially universally.

The original concept was that coins would be universally used to barter with, as opposed to the ancient system when neighbors would barter their excess to their neighbors, etc. As they were made of precious metallic substances, they had considerable buying power.

Now, the United States of America no longer uses the "Gold Standard." Though this is controversial and may one day return to a Gold Standard, or perhaps join the rest of the world with the Metric Platinum Standard.

People like to earn money so they can put a roof over their heads and keep food on the table.

If you already own land and you work and till your own soil, you may not need money. But if you plan to live like the majority of Humanity, you will need money.

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11y ago
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13y ago

Beacause with money you can get what you want and you wished for!!!!!!

GeorgieSkandar29:- Not always. Money can't buy you happiness. Or love. Or friendship.

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