is money important in life????
@kolkatakolkata (99)
Canada
10 responses
@Sunshonic (36)
• Italy
15 Nov 06
Sure... But it isn't the most important thing in our life. Money helps us smile some time. Even if i think that life would be better without money.
@MySpot (2600)
• United States
15 Nov 06
It shouldn't hold as much importance as it does.
In the past, we would barter and trade... the World was more community-like then and money wasn't as important as crops, skills, and neighborly love!
Now, we can not live without money. Even water, which is detrimental to living, is not free. If you need clothing, shelter, food, transportation... just about anything~ you need money.
Development and History of money:
The first instances of money were objects with intrinsic value. This is called commodity money and includes any commonly-available commodity that has intrinsic value; historical examples include pigs, rare seashells, whale's teeth, and (often) cattle. In medieval Iraq, bread was used as an early form of money. In Mexico under Montezuma cocoa beans were money.
Roman denarius, Currency, was introduced as a standardized money to facilitate a wider exchange of goods and services. This first stage of currency, where metals were used to represent stored value, and symbols to represent commodities, formed the basis of trade in the Fertile Crescent for over 1500 years.
Numismatists have examples of coins from the earliest large-scale societies, although these were initially unmarked lumps of precious metal.
Ancient Sparta minted coins from iron to discourage its citizens from engaging in foreign trade.
The system of commodity money in many instances evolved into a system of representative money. In this system, the material that constitutes the money itself had very little intrinsic value, but none the less such money achieves significant market value through scarcity or controlled supply.
@frnds4ever (470)
• India
15 Nov 06
plzzzzzzzzzzzzzzz no ways its life which is important n ur loved ones who loves u nd whom u love makes ur life
@jamie11982 (1658)
• United States
15 Nov 06
money is important but i also feel that its the root of all evil. With out money we wouldn't be able to buy the stuff that we need but if it wasn't for money then there whould be no wars.