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What is Money? Money is a currency, an instrument or objects which you use in exchange for something. In olden days, people use stones, silver or gold as method of making payments when they wanted to exchange for something. That has brought so much inconvenience to people. Not only does carrying such stones around heavy, it is not a fair methods of exchange. Soon people began to think of using paper money, which have brought more us more convenience, and a fairer methods of exchange between people. People are always thinking of ways to get better in their lives. From stones to paper, now there are more types of money - credit cards, debit cards, cash vouchers, cash coupons, discount cards, discount coupons etc. These are all money in various forms.

Money is what makes this world goes round. Nations buy resources from each other. Via buying and selling trades, countries are able to survive on food - the dry grains, the vegetables, poultry products etc which some small countries would not have such huge quantities of food for their own nation. Money allows fair trade to be made possible between nations. Providing the correct price based on the Demand and Supply ration. This is the importance and the role of money in a worldwide view.

Within every nation, money is being circulated too. Every nation has to survive on their own businesses. There are the commercial, industrial and residential properties to be considered when money is concerned. There are various sectors of work in the nation. Everybody have their own jobs and everybody need to work in order to have money to spend. Money is essential for maintenance of life because everyone need to buy food, clothings and other necessities of life. Not all money that is earned will be spent; and not everybody in the world earn the same amount of money. Some people earn more and some people earn less. It all depends on many factors, but mainly more on qualification and experience. Money that is earned by each citizens in the country will be taxed (Income Tax). This is money which will go back to the nation, so that the nation can have the money to buy whatever resources and fulfilling the needs (building of library, parks etc) for the nation again.

Individually, everybody have to know what is the values of money and how to manage money. Proper management of money is crucial. Anyone who has no basis of making money will find it impossible to live anywhere. Whichever nation you go, you need money. You need to have work,

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