English, asked by xolithembile70, 8 months ago

5 advantages of money...??

Answers

Answered by sunidhisingh40
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 priyankasingh74
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

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