Business Studies, asked by haniahabiba9, 1 month ago

How monetary system is better then barter system? ​

Answers

Answered by aryanlegend30
1

Answer:

The use of money better than a barter system because of the following reasons: A person holding money can easily exchange it for any commodity or service that he or she might want. Thus everyone prefers to receive payments in money and then exchange the money for things that they want.

Answered by purveshKolhe
10

Answer:

In monetory systems money is used to buy goods.

But is barter system goods are exchanged so here many times the value of a product is more than the other . So I can say that monetory system is better

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