Скачать или смотреть Importance of Money in Personal and Economic Life | Dr. Jinesh Soni – Advocate

Money plays a crucial role in both personal and economic life. It acts as a medium of exchange, measure of value, store of value, and standard of deferred payment, making modern economic activities possible. Money facilitates trade, production, business expansion, and capital formation.

On a personal level, money helps meet basic needs such as food, shelter, clothing, healthcare, and education. It ensures financial security, protects against uncertainties, and improves the overall quality of life. A proper distribution of money also contributes to social stability within society.

In short, money is essential for survival, progress, stability, and growth.

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👤 Dr. Jinesh Soni – Advocate

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