Social Sciences, asked by premkeshri17, 7 months ago

give the meaning and functions of money​

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Answered by sarkarsanjana36
3

Answer:

Money is any object that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, occasionally, a standard of deferred payment.

Money originated as commodity money, but nearly all contemporary money systems are based on fiat money.

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Answered by devanshi380
2

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See the atachment above .

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