Economy, asked by nehadey052, 6 months ago

How money has removed the obstacles in barter system?

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Answered by Swoyamshree10

3

Answer:

Money overcomes the problem of barter system by replacing the C-C economy with monetary economy (where 'C stands for commodity). ... (ii) When there was no money, it was difficult to give common unit of value to goods or commodities, but when money was evolved, it gave a common unit of value to every goods and services

Answered by deepalmsableyahoocom

2

Answer:

Money overcomes the problem of barter system by replacing the C-C economy with monetary economy (where 'C stands for commodity). ... (ii) When there was no money, it was difficult to give common unit of value to goods or commodities, but when money was evolved, it gave a common unit of value to every goods and services.

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