Question

write an essay about monopoly games at least 150 word

Answer 1

Monopoly is a board game which is usually played by a group of players ranging from 2 to 8. The wealthiest person in the end wins the game. There are 40 spaces/boxes labelled with a task and a property on the Monopoly board such as Electric Company, Water Works and there are railway stations and income tax, luxury tax etc. spaces as well. A player has to start from the four corners of the board. As you see on the board there are properties and businesses for sale along the sides. Players try to make each other insolvent by monopolizing and taking advantage of their unlucky position i.e. at houses/hotels. With many twist and turns the game proceeds making the person with the largest amount of cash as the winner. This game teaches us 5 main life lessons which everybody should adapt.

1. Keep cash liquidity

2. Patience is the key

3. Favourable cash flow is desirable

4. Always expensive things are not the best

5. Don’t always invest in one security, try building a portfolio of many which diversifies the risk and leads to increase in wealth