Question

Why was money invented?

Answer 1

1. At-home planning expenses are based on monthly incomes, pending expenditure, savings, payment of interest, etc.
2. The budgets of a country or state are also framed on the basis of money.
3. The government, as well as, private institutions and industries calculate their financial status through money.
4. A common item with a standard value for the effective exchange of goods was needed. Therefore money was invented.