Economy, asked by 50689, 8 months ago

Besides the barter system, what stage of money do you prefer? why?

Answers

Answered by akshatathorat9696
1

Answer:

Money has value because it is an exchange medium that people understand and accept as such. ... Bartering is the process of trading services or goods between two parties without using money in the transaction

I would prefer paper money stage because of following points:

1. Portability

2. High Value In Small Bulk

3. Economical In Cost

4. Saving Of Precious Metals

5. Easy In Counting

6. Easily Recognizable

7. Uniform Quality

8. Useful In Emergency

9. Elastic Supply

10. Useful For Development

11. Stability

12. Easy Payment

please mark me as brainlist

Answered by Anonymous
1

Answer:

Money has value because it is an exchange medium that people understand and accept as such. ... Bartering is the process of trading services or goods between two parties without using money in the transaction

I would prefer paper money stage because of following points:

A.. Portability

B.. High Value In Small Bulk

C.. Economical In Cost

D.. Saving Of Precious Metals

E.. Easy In Counting

F.. Easily Recognizable

G.. Uniform Quality

H.. Useful In Emergency

I.. Elastic Supply

J.. Useful For Development

K.. Stability                                                                                                                  L..Easy Payment

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