Question

how the invention of money has solve difficulties of barter system​

Answer 1

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.

Answer 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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