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In this manner, why is money needed?
Money is an essential commodity that helpsyou run your life. Money has gained its value because peopleare trying to save wealth for their future needs. Philosophicallyspeaking, money cannot buy everything but practicallymoney is the basic thing that is used for calculating thestatus of any person.
Also, why is money so important to society?
However, in real life money is a veryimportant matter in peoples lives. Money plays a hugerole in the society in variety of ways such as in business,at peoples job, and even in education. Money helps peopleachieve a better quality of education, larger chance of businesssuccess, and higher work output.
No one knows for sure who first invented suchmoney, but historians believe metal objects were first usedas money as early as 5,000 B.C. Around 700 B.C., the Lydiansbecame the first Western culture to make coins. Other countries andcivilizations soon began to mint their own coins with specificvalues.