What will the society be like if there is no money transaction, but using skill trading instead?

1 Answer

Answer :

There has to be some sort of money for modern society to work. Bartering or skill trading can work on a very local level, but if you want to buy goods on the internet you’re going to need more money. There are small communities that have money representing an hour of work, which effectively means skills are all equal. An hour at the doctor equals an hour of laying tile. I’d still call their points or dollars money though. The tax man technically sees it as an exchange of money if you trade skill. If the world ever gets so open and so socialized and so much integrity and so much bounty that we go to a non-monetary system like Star Trek—well, that would be really something to see. But, that isn’t really bartering either.

Related questions

Description : What is the sharing part in "sharing economy" when it's straight forward service for money transaction?

Last Answer : Taxes.

Description : What is some recommended reading for FOREX trading strategies?

Last Answer : answer:I think it is important for you to be acquainted with the basics of technical analysis (trend line, support/resistance, MACD, etc). You can probably find articles on that on Wikipedia and investopedia. Hope that helped. Good luck.

Description : What is the best online stock trading website?

Last Answer : I like lowtrades.com. Trades are only $5. There is no minimum other than there must be one trade every six months.

Description : Do you get a significant portion of your income from trading something?

Last Answer : Does rent for money count?

Description : If a debit card transaction is PENDING, does that mean the charge will definitely go through?

Last Answer : No, it means that they are aware of it, but haven't as yet approved it. They will automatically reserve funds in the expectation of approval, but that is all. Usually if you are an established customer - ... whatever. They aren't out to get you, they want your business - but at no risk to them.

Description : For online payments, is it better to do it through my bank instead of using the payee's online payment system?

Last Answer : I use my bank's ez pay system. It's worked great for me for years. In the past our company ran into a problem with a credit card processing vendor who initiated a BS withdrawal from our bank (we ... them to submit a bill to your bank and the bank will pay the amount submitted if you set that up.

Description : Whom does society respect more: the person who makes more money or the person who has a more meaningful career?

Last Answer : The person who makes more money. Take history for example, all the great robber barons in America are remembered as visionaries. Vanderbilt has an elite school named after him. Most new yorkers believe that ... yet no one knows the names of the brave union leaders who sought to fight the monopoly.

Description : If your pet needed costly surgery, how much would you be willing to spend before deciding to put the pet down instead?

Last Answer : Money isn’t the issue for me, it’d be the issue of life expectancy after the surgery, the risks of the surgery and if their quality of life isn’t disturbed. I would get multiple credit cards and max them all out for my pets if it would save their life.

Description : How much does it cost society to raise a child to adulthood?

Last Answer : I'd say there are a lot of variables here. When you say any country, there are countries with a high cost of living and there are places to live where the cost may be little. You can raise ... costs more, and that all depends on whether it's a state school or a private college, scholarships, etc.

Description : Do you have any tips for selling a car outright instead of trading it in?

Last Answer : A lot of people use Craigslist to find chumps to rip off. Have a friend with you, and meet the buyer in a public place, like the mall. Let them test drive, but go with them, and make sure you ... cash, no checks. They may want to bring a friend. Encourage that, and let him stay with your friend.

Description : who The Chinese scholar-official held a position at the very top of society because he had prestige, wealth, and power. Which of the following was an important skill for a scholar-official to have?

Last Answer : He must be able to read and write the Chinese characters.

Description : According to the Code of Ethics, thecharacteristics distinguishing the accountancy profession include the following except: a. To meet public interest requirement. b. Adherence by its members to a common ... a whole. d. Mastery of a particular intellectual skill, acquired by training and education

Last Answer : To meet public interest requirement

Description : A profession is distinguished by certain characteristics including: a. Mastery of a particular intellectual skill, acquired by training and education. b. Adherence by its members to a common code of values and conduct ... objective. c. Acceptance of a duty to society as a whole. d. All of these.

Last Answer : All of these.

Description : The trading concern is established for rendering services to society.

Last Answer : State whether the following statement are true or false with reason : The trading concern is established for rendering services to society.

Description : If you could have as much land as you wanted, and money was no object, how would you landscape it?

Last Answer : A super big telescope. A dark sky preseve. An adult obstical course / parkour training area. Climbing wall and strawberry and random fruit fields. Bbq area. Super fast internet. The Real Fluther ... gear and and independent living supplies. A well stocked library both paper and digital media info.

Description : No doubt that money can buy everything except health and moral values. Everything else can be bought, right!

Last Answer : Well right now, hookers, booze, and drugs would pretty much put me in a happy coma. Reality sucks.

Description : What would you change about your life if money was no longer an issue?

Last Answer : answer:Pretty much everything would change. My living situation (out of my parents house), my car problems (I'm paying out 700$ today for it, actually), my job (the job isn't bad but it isn't good), ... I would get an education and hopefully a job in a field that I enjoy. That's all I want anyway.

Description : I'm tired of making no money, what else am I qualified to do?

Last Answer : Write us a bestseller!

Description : I inherited money, but will I ever get it?

Last Answer : It all depends on how things were legally written.

Description : Pen and Paper RPG geeks. If money and skill were no object, what would be your ultimate game room?

Last Answer : I don't think I'd want to include any fancy stuff like that. Just a table with eight or so seats, a grid mat, and adequate lighting. The only other stuff in the room would be a refrigerator, ... and a bin full of dice and figurines. I feel too much else would be a distraction from the storytelling.

Description : If 85% of the US population ended up using bicycles like some other nations, would people start defining status by the bike you rode like they do the vehicle you drive?

Last Answer : Probably, I see it all the time out on the mountain bike trails. I also see the opposite where the folks who have five thousand dollar bikes are ridiculed. Regardless, we would all be much healthier and happier.

Description : What are some money saving tips that you would like to share?

Last Answer : Don’t drink or smoke. Drink water instead of juice or pop.

Description : Imagine - What will the world be like without having money as a necessity?

Last Answer : Are you talking socialism?

Description : Do you think any of the airlines are using covid to cancel flights?

Last Answer : Perhaps, but it is a rather stupid way of doing it. Cacellling flights cost money to the airlines - rebookings, refunds, and so on. And it is really bad for public relations - who ... testing positive for Covid and have to quarantine. Cancelling thousands of flights is not good corporate strategy.

Description : If the anticipated revenue increase for acquiring a bid is $500,000 and the overhead is $40,000 and the company overhead is $75,000 and the minimum pretax must be 10% on the bid, using the overhead percentage, the bid price is equal to how much?

Last Answer : Construct an equation to perform the cost benefit analysis with revenue on one side and costs on the other side.

Description : Anyone using prepaid debit cards?

Last Answer : What new regs and fees?

Description : What's a great way to stop using credit cards but keep Mint-friendly electronic transaction records?

Last Answer : Is it possible to use a debt card (linked to a checking or savings account) or a charge card (like American Express) for you business? What specifically don’t you like about credit cards?

Description : How can I save money on transportation?

Last Answer : Here are some ways to save money on transportation: Use public transportation: Taking public transportation can be cheaper than driving or taking a taxi, especially if you're traveling frequently. ... Remember to always plan ahead, look for discounts and be mindful of your transportation choices.

Description : How can I save money on groceries?

Last Answer : Here are some ways to save money on groceries: Make a grocery list: Before you go shopping, make a list of the items you need and stick to it. This will help you avoid impulse buys and ... to always compare prices and look for discounts, and you'll be able to stretch your grocery budget further.

Description : Have you ever made use of the option to withdraw money from your bank account at the supermarket checkout?

Last Answer : Yes. It costs me 50 cents to make a withdrawal of any amount of money in excess of my bill. I have done it a few times for the convenience, but I hate paying a fee.

Description : What are some ways to make money?

Last Answer : Do you have any Art skills. I see university Fine art students who probably graduated recently or in the last two years are now making How to draw ( watercolor, Acrylic painting and so on) while others ... stages . Anything tht you want ot know how to do is on youtube now and not all are experts.

Description : Do some people become richer because they manage money better?

Last Answer : Several wealthy people I've known have given me tips on keeping money over the years. One man who owned a company and fleet of vehicles, told me he only keeps liability on all his vehicles because ... the lot. Dave Ramsey says NEVER lease a vehicle, it's the dumbest move you can make financially.

Description : Where do you keep money to prevent yourself from being tempted in spending it?

Last Answer : In a savings account. Then I hide it from my online banking.

Description : With printing your own money being illegal, what legal arguments would the state use to criminalise you, if you had the technology to transmutate literal dirt into gold?

Last Answer : Since gold is not money, it isn't a matter of counterfeiting. But true transmutation would mean that the gold produced from dirt would be indistinguishable from gold mined in the traditional ... like someone finding an alternative way to mine bitcoins at 1/1000th the necessary computing work.

Description : If you found money while being out in public, what would the amount have to be, before you decided to turn it in vs keeping it?

Last Answer : More than $20. In my old job my bosses wife dropped a pile of cash and a cheque out side of the store. I returned it to her.

Description : Have you successfully retrieved money from a fraud claim you filed on your debit card?

Last Answer : I did. It took a few days, but I only dealt with my bank. Actually, the bank had called me first, suspecting that the transaction was fraudulent.

Description : How did Epstein get all that money?

Last Answer : Did you ask Google? He was untouchable because he had all that money.

Description : Your father has died, and his will stipulates, that you must infect yourself with HIV, in order to get the money. You agree to the terms. How much money did you inherit?

Last Answer : So, what, we just make up a number here? In that case I inherited $1 trillion USD.

Description : What happens if a mentally incompetent or mentally challenged adult, who is not in charge of their money (or has a legal guardian) wins a large sum of money?

Last Answer : A conservator handles the money, for the benefit of the individual. That is overseen by an agency or a court.

Description : Anyone pull their money out of the market before this latest tumble?

Last Answer : I don't understand much about finances and/or financial markets, but what I heard is that analists are scratching their heads over what Mnuchin has done over the last day(s) (calling 6 CEO's of big banks, and trying ... are not yet at their lowest. If I had money (I don't) I would wait a few days.

Description : How do you get money paid to you from Paypal?

Last Answer : You would have to transfer the money that paypal owes to the bank.

Description : How do I get access to my own money?

Last Answer : The easiest way would be to open another account in the same bank and simply transfer funds but that will only work if you are a signatory on the existing account; if you are not, you don't have access ... have an ID first and are going to catch grief with your father. How much heat can you stand?

Description : What will be the format of money exchange with aliens in future?

Last Answer : What ever is rare at the time. Antimatter is the most expensive matter now. $65 trillion us dollars per gram.

Description : How much money did the owner lose?

Last Answer : $200 or a bit less. $100 from the theft $ 30 in change $ 70 for the value of the goods (although technically a little less because owner bought the goods at a discount and marked up the price to $70). For all intents and purposes the owner is out close to $200.

Description : Hello. I live in Bulgaria. Our familly is poor and I don't have very much money. I'm 15 years old and I don't think it's legally to work. What ways you know for earning money?

Last Answer : Perform a service. Landscaping House cleaning Child care Programming Fast food You know best what is needed in your area. Look around.

Description : What do you think about moving some money into CD’s?

Last Answer : That seems a bit old fashioned. Why not BluRay instead?

Description : Why do men spend SO much more money than women on their prostates?

Last Answer : Because women have an analogous, but not nearly as important, gland, but only men truly have a prostate. And the prostate has all kinds of interactions with both men’s sexual health and their urinary tract.

Description : If you have adult children, and they ask to borrow a large sum of money, do you expect to get it back?

Last Answer : Well, my daughter is not an adult yet (she's 15), but I have a simple rule about money that I'll probably apply to her too. I do not loan anyone money. If I can afford it, I will give it ... cannot. I've seen far too many examples of loans that just lead to all sorts of drama and hurt feelings.

Description : Is it wrong to accept money from your preacher?

Last Answer : Nope! Take all the money

Description : Should we ask for gas money?

Last Answer : I just had a similar situation in which I was sick and my brother had to haul me around. He drives a truck which is a gas hog and I have a car. I gave him my car to use and I also paid for the gas. It worked out good for us.