What if there was no money in the world?
If there was no money people wouldn’t really want to work anymore. They would rather spend time with their friends and family. The reason why many people will stop working is also because they won’t really see a reward at the end of the day. And if everyone stopped working, think about what would happen to the world!
What would happen if there was no money developed?
To answer both, if there was no money, people would barter. But if humans had no concept of value we would be less intelligent than monkeys, because even they can tell the difference of value between food and dirt. Lack of these two concepts would lead to very boring history.
What would life be like if there was no money?
When we live in a world with no money, we live far more relaxed, no money tension or worries and more happiness. 9. Countries will all get along. There will be nothing to trade, barter, kill off or fight about. What’s yours is yours, what’s mine is mine and if you run out, we’ll gladly share what we have. You won’t even have to pay us.
Did money ever exist in the ancient world?
Even among the most primitive of civilizations, money in some form exists, whether it be shells or rocks or beads on a string. Money has existed in the form of wheat (ancient Egypt), rice (ancient China), cowrie shells (most of Africa and Asia).
Are We all rich in the same things?
We’re all rich in different things. Like love and kindness. There is no separation between rich and poor. We all have the same amount of things and the only thing we are rich in is kindness and love. When you take money out of the equation there is no more prejudice.
What is money for You?
ANYTHING that serves as a universal (or near universal) medium of exchange in a society is money regardless of what it looks like. Money often serves three additional roles: unit of account, store of value, and standard of deferred payment, but these are non-essential (though often desirable).