Question

define the term : advantages of Money​

Answer 1

Answer:

It thus facilitates exchanges and the satisfaction of wants. (ii) It provides a common measure of value. It thus gives a precise idea about the relative value of commodities. (iii) It is capable of sub-division. As such it helps in the completion of even minute transactions which is great gain to society

Answer 2

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 will help

pls mark as brainlliest