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