Money

Introducing

Money like fire is one of the fundamental inventions of man. In modem times, its use and importance have increased so much that the present day economy is termed as ‘money economy’. The unprecedented industrial development with complex division of labour and mass production would not have been so easy and smooth without the invention and use of money. As a man realizes the utility and importance of his eyes only by closing them, similarly we can fully realise the utility and importance and necessity of money only when we demonetize the whole economy. Money is so closely associated of money only when we demonetise the whole economy. Money is so closely associated with the evolution of human civilisation that it is difficult, though not impossible to think of a moneyless economy. But like many of man’s fundamental inventions, money is not an unmixed blessing. As long as it works like an obedient servant, it serves well and good. But the moment it goes out of control, it becomes a bad master and every one knows very well that it spells disaster and distress. Therefore it is said that money is a good servant but a bad master.