| PERSPECTIVE OF MONEY:- In the social | | | | on several factors ranging from tangible to |
| cycles or society money is simply a paper printed | | | | intangibles as accepted by all as norms and values |
| and metallic coins manufactured at the | | | | of the societal culture. To access greater fund in |
| government approval as the standard measure of | | | | the corporate security you need to have more |
| payment as the buyer and seller could us it to | | | | degrees and occupy higher position ahead of |
| fathom quantity or quality of product or service | | | | others. The government share money to citizens |
| rendered, and as a means for procurements. | | | | as wages for work or service rendered. You get |
| Though, it is only but paper or metallic coin, the | | | | more money depending on the quality of service |
| value conferred upon it gives a status of | | | | you renders to either the government enterprise |
| authority and legitimacy to be generally accepted | | | | or private enterprise. Positioning of office or |
| by all as medium of exchange, and means of | | | | appointment into service is base on education |
| settlement of indebtedness. Every other paper or | | | | attainment or paper certificate obtained from high |
| materials made of same raw materials do not | | | | institution. This made the era of industrial |
| have same value. | | | | revolution swell with more men and women |
| FUNDAMENTAL CHARACTERISTICS OF | | | | scavenging for higher degrees in various |
| SOCIOLOGICAL MONEY: - In the ancient world, | | | | institutions of learning across the globe. |
| we heard of trade by barter where goods were | | | | To accumulate excess money which is riches, you |
| exchange goods or service. At some time, | | | | need to work very hard to earn prominent |
| cowries, firewood, slaves, salt, sheep, oxen, farm | | | | position or office in the society to make much |
| yields, etc were used as means of exchange. This | | | | money and work less in service time. Other ways |
| level of money somehow affected the minds of | | | | available to get more money includes buying of |
| individual in both concept and perspective about | | | | stocks, government securities and bonds, trading |
| this view of money. As civilization brought about | | | | on the platform of foreign exchange and |
| the present day money controlled by Central | | | | investment into pyramid scheme with an own |
| Authority the government. The Government | | | | product. These channels have provided |
| decides the - color, design, size, quality and | | | | opportunities for citizens of society to accumulate |
| quantity of money that would be in use in the | | | | huge fund in their treasury or bank account to |
| society at any given time. | | | | become very rich. It is surprising, that, this is the |
| Generally, good money anywhere must have the | | | | defunct working mentality of all in the society |
| following characteristics features: | | | | towards making excess money, except for few |
| Uniformity | | | | who generates from a different economic |
| Divisibility | | | | paradigm reality. |
| Easily recognizable | | | | It is important to note here that, God or His care |
| Portability | | | | agency is not responsible for money- distribution |
| Durability | | | | in the society because God originally did not |
| Acceptability | | | | create money rather money is the brain child of |
| legality | | | | man. The principle governing its acquisition and |
| MONEY DISTRIBUTION IN THE | | | | accumulation was also framed by man. |
| SOCIETY:-Money is distributed in the society base | | | | |