People need and want {demand}| physical objects {good, economics}, to consume or use, and actions {service, economics}, to have something done for them. To acquire goods and services, people have to exchange something. People like to have money itself. Money provides security, prestige, and ability to make future purchases. People exchange their work/time for money. People value time for vacation and leisure. They must choose between work and free time.
Social Sciences>Economics>Microeconomics>Supply And Demand
6-Economics-Microeconomics-Supply And Demand
Outline of Knowledge Database Home Page
Description of Outline of Knowledge Database
Date Modified: 2022.0224