Question

Divisibiling
of
money-
explain​

Answer 1

The reason money needs to be divisible is actually very simple and quite logical. To start with, divisibility is one of the four properties that makes a commodity, i.e., something of use or value, into exchangeable money.

Four Properties of Money

Durability: Maintains physical characteristics over time, like rocks or metals.

Transportability: Easily and conveniently taken with a person from one place to another and given from one person to another.

Noncounterfeitability: Cannot easily be duplicated by unauthorized persons, which is why Caesars in Rome (rulers everywhere) required their likenesses, i.e., their portraits, to be imprinted on the metal coin of the realm.

Divisibility: Readily made available in varying increments, e.g., (mixing American and English money values) halfpenny, penny, nickle, farthing, quarter, shilling, half-dollar, crown, in order to be easily exchangeable for items as small as a bread roll, as big as a breadbox, as large as a bread oven or as huge as a cargo ship--and a cargo of bread.

Answer 2

Answer:

To say that money is divisible is to say that a unit of currency can be broken down into smaller units to facilitate exchange.