De merits of money
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The greatest disadvantage of money is that its value doesn't remain constant so that it creates instability.
It increases capitalisation.
It increases hoarding.
It also increase black money
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Explanation:
Demerits of money are:-
1) Inequality of income
2) Growth of monopolies
3) Misuse of capital
4) Hording
5) Black money
6) Over capitalisation...
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