Question

identify and explain the concept from the givenillustrationsd, Charu used her debit card to purchase a shirt for her younger brother​

Answer 1

Answer:

The term Plastic Money is used to refer to the hard plastic cards which perform the task of money and in that sense, it replaces the roles of actual banknotes. There are various forms of plastic money which includes credit cards, debit cards, pre-paid cash cards and store cards etc.

Therefore, in the given situation, Charu uses her debit card to buy a shirt to her younger brother, and this clearly illustrates that she is using plastic money.

Explanation: