THE VALUE OF A PAPER

 

MONEY VALUE

Introduction:-

• It may be true that money made the world go around because of its inherent value.

• It is just a piece of paper unless you started considering it as the medium of exchange.

• So why it is considered the most valuable thing in life?

value:-

• Money is good and a method of exchange.

• As a good, it has a limited supply and therefore there is a demand for it.

• It is demanding because people can use it for buying products and many other things.

• They earn this method of exchange by doing work which they get in exchange as an offering of good labor, work, etc.

• The money came into existence to overcome the burden of the barter system.

• It may sound familiar that it is the source of livelihood. Nobody wants to harm their life and starts meaning money for them.

The future of money:-

• Some economists believe that the system of paper money will come to an end as it is not the correct way.
• If citizens believe that paper money will no longer sustain in the future then the economy might decrease drastically.
• People would not sign profitable deals as they know that what will be the value.

According to me, it might not be true that the value of paper money will vanish.

                                                         by-

                                                         Parth sawadia