Question

Mention any four advantages of money.

Answer 1

1] Get best facilities
2] Get best technology
3] Get best education
4] Get best respect.

Answer 2

Answer in simple words:

• Money is used as a medium of exchange. It acts as an intermediary in the process of  exchange

• Money is used for purchasing goods and services.

• It offers economic freedom to the people.

• It is easy to store money.

• It is the standard of Demand Payment.