How can money be easily exchanged itself for goods or services ?
Answers
Answered by
1
Hey :)
What would you have done if money did not exist? Suppose, you want a packet of milk for a piece of cloth. But it is no necessary that the milkman is in need of a cloth, he might want something else in return that you cant offer. But if he agreeing to take what you need, then it is considered to be coincidence of wants. But the probability of that happening always is very rare. So money is a medium through which you can buy what you need at your own needs.
What would you have done if money did not exist? Suppose, you want a packet of milk for a piece of cloth. But it is no necessary that the milkman is in need of a cloth, he might want something else in return that you cant offer. But if he agreeing to take what you need, then it is considered to be coincidence of wants. But the probability of that happening always is very rare. So money is a medium through which you can buy what you need at your own needs.
madhaevsharma:
Very nice answer
Do mark as brainliest :)
Similar questions