Question

1. How does the use of money make it easier to exchange things?
2. Can you think of some examples of goods / services being exchanged or wages being
paid through barter?​

Answer 1

Answer:

1. The use of money makes it easier to exchange things because it is accepted as a medium of exchange. It serves as a unit of value and also solves the problem of double coincidence of wants.

2. Barter is when the people within a community exchange goods and services so that money needn't be used. An example of barter is bread provided in exchange for butter. To trade by exchanging goods or services without using money.

Explanation:

Hope it helps

Answer 2

Answer:

$\huge \bold \star \purple{αทsωєr} \star$

$\bold{1.}$ ᴛʜᴇ ᴜsᴇ ᴏғ ᴍᴏɴᴇʏ ᴍᴀᴋᴇs ɪᴛ ᴇᴀsɪᴇʀ ᴛᴏ ᴇxᴄʜᴀɴɢᴇ ᴛʜɪɴɢs ʙᴇᴄᴀᴜsᴇ:-

• ɪᴛ ɪs ᴀᴄᴄᴇᴘᴛᴇᴅ ᴀs ᴀ ᴍᴇᴅɪᴜᴍ ᴏғ ᴇxᴄʜᴀɴɢᴇ. ɪᴛ sᴇʀᴠᴇs ᴀs ᴀ ᴜɴɪᴛ ᴏғ ᴠᴀʟᴜᴇ.
• ɪᴛ sᴏʟᴠᴇs ᴛʜᴇ ᴘʀᴏʙʟᴇᴍ ᴏғ ᴅᴏᴜʙʟᴇ ᴄᴏɪɴᴄɪᴅᴇɴᴄᴇ ᴏғ ᴡᴀɴᴛs.

$\bold{2.}$ ʏᴇs, ɪɴ ʀᴜʀᴀʟ ᴀʀᴇᴀs ɢᴇɴᴇʀᴀʟʟʏ ᴄʀᴏᴘs ᴀɴᴅ ғᴏᴏᴅ-ɢʀᴀɪɴs ᴀʀᴇ ᴅɪʀᴇᴄᴛʟʏ ᴇxᴄʜᴀɴɢᴇᴅ ᴡɪᴛʜᴏᴜᴛ ᴛʜᴇ ᴜsᴇ ᴏғ ᴍᴏɴᴇʏ. sɪᴍɪʟᴀʀʟʏ, ᴀɢʀɪᴄᴜʟᴛᴜʀᴀʟ ʟᴀʙᴏᴜʀᴇʀs ᴀʀᴇ ɴᴏʀᴍᴀʟʟʏ ᴘᴀɪᴅ ɴᴏᴛ ɪɴ ᴄᴀsʜ ʙᴜᴛ ɪɴ ᴋɪɴᴅ, ᴇ.ɢ. 5ᴋɢ.

$\large \purple {JinikaForeva♡}$