5 advantages of money...??
Answers
Answered by
3
Answer:
Money has overcome drawbacks of barter system. ...
It facilitates exchange of goods and services and helps in carrying on trade smoothly. ...
Money helps in maximising consumers' satisfaction and producers' profit. ...
Money promotes specialisation which increases productivity and efficiency.
hope it helps you...
Answered by
0
. money enables production to take people in advance consumption
. money promotes specialisation which increase productivity and efficieny
. money can be utilised in reviving the economy from depression
. If facilitates planning of both production and consumption
. money as medium of exchange solve the barter problem
Similar questions
Environmental Sciences,
4 months ago
Biology,
4 months ago
English,
4 months ago
CBSE BOARD X,
8 months ago
Environmental Sciences,
8 months ago
English,
11 months ago
Physics,
11 months ago
English,
11 months ago