The main reason people hold money is that

Question

Quizplus · Accepted Answer

The main reason people hold money is to use it to buy goods and services. Money is a medium of exchange that allows individuals to trade for the things they want, and it is the most widely accepted means of payment in modern economies. While money does provide a standardized value for goods and services, it is not typically held for this reason alone. Money is also not intrinsically valuable or powerful, as its value is derived from the goods and services it can be exchanged for.

The Main Reason People Hold Money Is That