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Scarcity as an important factor of money.
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[QUOTE="CALVINDOL, post: 254816, member: 43757"] The scarcity of money is absolutely one of the factor of feature of money that majority of people do not absolutely agree with . Did you get my secondary School Days my economics and commerce teachers usually talk about the scarcity of money and why important is that money become very scare . First of all we must imagine a world without the scarcity of money and by scarcity of money what we mean is that not every person have money easily but rather we absolutely need to work hard in order to have money , so now imagine that you live in a world where there is no scarcity of money instead individual can I have access to money as easier as possible . First of all there will be no individual that will want to work rather everyone will want to sit back in their homes chilling and there will be no sense of productivity in the minds of everyone rather everyone will always have all the ones because they have money in abundance . In fact the people that make up the marketplace will be no more because there is absolutely no need of buying and selling since they have money in abundance . So with this scenario you will possibly agree with me that the scarcity of money is absolutely very important and that's absolutely give us a mind of confidence that in order to have money we need to work hard . [/QUOTE]
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