"The most efficient labor-saving device is still money"

This quote by Franklin P. Jones suggests that cash is the most effective way to save labor. Money can be utilized to purchase items and services that would otherwise require a great deal of time and effort to obtain. For instance, instead of costs hours buying groceries, one can simply buy them with money. Money can also be used to employ individuals to do jobs that would otherwise need a lot of time and effort to finish. This enables people to save energy and time that would otherwise be invested in labor-intensive tasks. Money can also be utilized to buy tools and equipment that can assist to lower the quantity of labor required to complete a task. In this way, cash can be utilized to save labor and increase efficiency.