Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
199k views
in Economics by (52.4k points)

“Money cannot buy all the goods and services that one needs to live well” Do you agree with this statement? Justify your answer with any three suitable arguments.

1 Answer

+2 votes
by (48.5k points)
selected by
 
Best answer

Yes, we agree with the statement that money cannot buy all the goods and services that one needs to live well because of the following reasons.

  • Money can buy things that can be one factor on which our life depends like food. But the quality of non-material things like freedom, security and respect cannot be bought with money.
  •  We cannot buy pollution free environment, unadulterated medicines and peace with money. 
  • Schools, colleges, parks, hospitals, etc. are the facilities which cannot be run individually. There has to be a collective effort of team work between the government or society in providing these to the general public.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...