Question

in what way , paper money is more useful than the bartar syestem

Answer 1

Barter – goods and services were traded without the exchange of money. However, before trade could occur, there had to be a “double coincidence of wants” . Each trader had to have something the other wanted. I’ll trade you a chicken for a pair of shoes. I would love to sell you these shoes but I can’t eat chicken, due to my bad teeth, caused by smoking. In a barter economy a chicken farmer who wants to buy shoes may have to first trade chickens for apples and then apples for shoes because the guy selling shoes wants only apples . Money eliminates this problem.

Answer 2

Barter system refers to exchange of goods for goods. There were many limitations of this system. 1. Lack of Double Coincidence of Wants because barter system can only work when both buyers & sellers are ready to exchange each other's goods. 2. Lack of Common Measure of Value because in varter system all commodities are not of equal value and hence there's no common value in which exchange ratio can be expressed. 3. Lack of Store of Value under which it was difficult to use barter system as many of the commodities did not posses durability. 4. Lack of Standard Deferred Payments under which the commodity to be repayed may lose or gain its value at the time of repayment. Hence paper currency is more useful and most preferred form of exchange. HOPE I HELPED :) DO MARK AS BRAINLIEST.