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Posted by Chester Morton / Saturday, 13 August 2016 / No comments
Taking a good care of a country's currency notes
To ensure acceptability
Currencies are accepted throughout
the world for transactions of every. It is important to take proper care of
national currencies would ensure that people are not compelled to reject
defaced notes in exchange for services. Incidences of drivers’ mates and
passengers quarreling over defaced notes being given in change or payment will
certainly be avoided.
Symbol of dignity
If for nothing at all, the national
currency is a symbol of a nation’s sovereignty. Until Ghana became independent,
she was using the British pound as a means of exchange. like the flag and the coat
of arms, Ghana’s bank notes must be handled with pride and dignity.
Obedience to the constitution
As good citizens, Ghanaians must be
law abiding. The constitution specifically says that national symbols must be honoured.
These national symbols include the currency, the bank notes. A proper handling
of national currencies is obedience to the supreme law of the land.
It saves hard earned national income
Printing of currency is a very costly
venture. When the bank notes are worn out they need to be replaced. Replacing
the currencies costs money. Proper handling of the currency saves the state
the huge cost needed in printing new notes to replace defaced ones.
A boost to sustainable development
The concept of sustainable
development is the use of the resources in such a way that the same resources
can meet the needs of the society today as and that of future generations. If
citizens handle their currencies properly, the currencies will remain in
circulation for several years (without reprinting) and thereby helping to meet the
needs of future generations.
Helps to convey messages on the notes
Proper handling of our currency
ensures that the message(s) it is meant to convey remains intact. For example,
our national currency has the national motto “Freedom and Justice” inscribed on
it. This is a means of educating our people on the ideals that our nation
stands for. If we handle our currency in the proper ways, this message is
always intact for all to see and reflect upon.
It makes others respect us as a country
Proper handling of Ghana’s currency
projects a positive image of its people. It shows the outside world that they
are decent people. If the currencies are treated anyhow, it sends a negative
message to the outside world.
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SOCIAL STUDIES
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