If money was not used by you or any of the traders in your santalu or local market what would happen? Describe in a paragraph.
Answers
Answered by
6
heyaa,,,
if they will not use medium of exchange(money) then crisis will happen.
people will unable to purchase any thing.
they will not survive.
_______________
☺☺☺
if they will not use medium of exchange(money) then crisis will happen.
people will unable to purchase any thing.
they will not survive.
_______________
☺☺☺
Answered by
12
Then their will be transaction through barter system in which things are exchanged.
In this system i would have faced a lot of problem as the thing which i need to buy would not be accepted by the other who sells it as he may need other thing for the exchange.
For eg I need to buy shoe from cloth but shoe seller wanted wheat and the wheat seller wants cloths.So for exchange both seller and receiver should be ready. And this may not be possible every time.
HOPE THE ANSWER HELPS YOU. PLS PLS MARK THE ANSWER AS BRAINLIEST ANSWER
In this system i would have faced a lot of problem as the thing which i need to buy would not be accepted by the other who sells it as he may need other thing for the exchange.
For eg I need to buy shoe from cloth but shoe seller wanted wheat and the wheat seller wants cloths.So for exchange both seller and receiver should be ready. And this may not be possible every time.
HOPE THE ANSWER HELPS YOU. PLS PLS MARK THE ANSWER AS BRAINLIEST ANSWER
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