Social Sciences, asked by wranjan6263, 1 year ago

24. Write the functions of money.
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Answers

Answered by ramyadav231p94q2u
3

Answer:

Money is often defined in terms of the three functions or services that it provides. Money serves as a medium of exchange, as a store of value, and as a unit of account.

Medium of exchange. Money's most important function is as a medium of exchange to facilitate transactions. Without money, all transactions would have to be conducted by barter, which involves direct exchange of one good or service for another.

Answered by ashecr7
0

Answer:

money have many uses in thisnworld we can't live without money pls mark me as brainliest

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