5 reasons why the use of money has replaced the barter system
Answers
Answered by
5
Answer:
l) It dont need double coincidence of wants.
ll) Money is store of value.
lll)There is no problem of storage.
lV) It is taken by banks and cooperative societies also and pay intrest on deposits.
V) The payment could be made in the form of cheque also.
Mark as Brainliest.
Answered by
2
5 reasons why the use of money has replaced the barter system
Results in English
5 वजहों पैसे के उपयोग वस्तु विनिमय प्रणाली की जगह है
हिन्दी में नतीजे
Search Results
Featured snippet from the web
The three reasons that lead to the replacement of barter system by money are : 1. Less possibility or lack of coincidence of wants or double coincidence of wants. Long trade was very expensive in barter system as goods and services were not easily mobile.
Similar questions