Fur clothing has long been a symbol of luxury and wealth, but at what cost? The production of fur clothing involves the exploitation and suffering of animals, and there are more humane and sustainable alternatives available.
First and foremost, the production of fur clothing involves the exploitation and mistreatment of animals. Many animals used for fur, such as minks and foxes, are raised on fur farms where they are confined to small, crowded cages for their entire lives. These conditions can cause physical and psychological harm to the animals, including stress, malnutrition, and illness. In addition, the methods used to kill animals for their fur are often inhumane and can cause unnecessary suffering. For example, animals may be electrocuted, gassed, or have their necks broken in order to obtain their pelts.
Furthermore, the production of fur clothing has significant environmental consequences. Fur farms require large amounts of land, water, and other resources, and they can contribute to habitat destruction and pollution. In addition, the chemicals used in the production of fur, such as formaldehyde, can have harmful effects on the environment and human health.
In contrast, there are many humane and sustainable alternatives to fur clothing. Synthetic materials, such as polyester and nylon, can be used to create warm and stylish jackets and coats. There are also numerous brands that offer cruelty-free clothing made from natural materials, such as wool, down, and cotton.
In conclusion, the production of fur clothing involves the exploitation and suffering of animals and has significant environmental consequences. There are more humane and sustainable alternatives available, and consumers can make a positive impact by choosing these options instead of fur.
Definitions of Money
Money, thus, acts as common medium of exchange, a common measure of value, as standard of deferred payments and a store of value. Don't forget to share this blog. Industries The industrial progress is linked with money, which is the lifeblood of a business. Modern economists are laying stress on liquidity of money. With the use of money, goods and services can easily and rapidly be exchanged. M3 includes all the items in M2, plus repurchase agreements, money market fund shares, money market paper, and debt securities issued with a maturity of fewer than two years.
Functional Currency Definition and It’s Effect on the Economic Market
Functional definition of money. It is this peculiarity which distinguishes money from all other commodities. Cows come in many sizes and shapes and each has a different value; cows are not a very uniform form of money. It is also referred to as full-bodied money. The principal advantages of these other assets as a store of value are that they, unlike money, ordinarily yield an income in the form of interest, profits, rent or usefulness…,and they sometimes rise in value in terms of money. Their calculations, plans, expectations, and contracts focus on money prices.
Give functional definition of money. from Economics Money And Banking Class 12 Haryana Board
Money occupies a unique position in a modern capitalist economy In its absence, the whole prosperous economic life would collapse like a pack of cards. The use of money as a standard of value eliminates the necessity of quoting the price of apples in terms of oranges, the price of oranges in terms of nuts and so on. As a result future payments are to be stated in term of specific goods or services. For instance, in India, coins are limited legal tender because coins of 5, 10, 20 and 25 paise are accepted up to maximum sum of Rs 1000 as per Coinage Bill passed on 11th August, 2011. People exchange goods and services through the medium of money. Modern Forms of Money : 1.
Define Money
It makes possible contracts for the supply of goods in the future for an agreed payment of money. This is a broader concept of money supply as compared to M 1. Similarly, the farmer can get other goods of his requirements like shoes, cow, plough, spade, etc. These include time deposits of commercial banks, commercial bills of exchange, etc. It is a matter of comparative indifference whether wealth is in money, money claims, or goods. It is therefore essential that the money commodity should always be one which can be easily and safely stored.
