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Why is money not an economic resource? If it is not productive, then why do businesses...

Why is money not an economic resource? If it is not productive, then why do businesses want to obtain or "buy" it?

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Answer #1

Why is money not an economic resource?

Answer:- In the economy, money is needed for starting a business but it is not resources to producing goods.

If it is not productive, then why do businesses want to obtain or "buy" it?

Answer:- The businessman needs money to start the business. Money is needed to buy raw material, Needed for labour's wage. Basically, three factors are needed those are capital, land, labour. Money is needed to pay for factors of production.

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