Choose whether the statement is true/false:

Money is only needed to improve the quality of life.

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True

False

answer is B.

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Detailed Solution

The above statement is false.
One factor that affects our quality of life is Money or the items one may purchase with it. But non-material factors like respect for others, equality of treatment, freedom, and security also affect how well our lives are lived. Without Money, we cannot purchase a clean environment, pure medications, serenity, etc. Many amenities, including schools, universities, parks, and hospitals, are out of reach for the average person. The government or society is required to supply each of these. Even having Money of one's own won't be able to provide us with a government that makes decisions for the general benefit of the populace. Hence the correct statement would be that Money is needed to improve the quality of life.

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