ʜᴏᴡ ᴅᴏᴇs ᴛʜᴇ ᴜsᴇ ᴏғ ᴍᴏɴᴇʏ ᴍᴀᴋᴇ ɪᴛ ᴇᴀsɪᴇʀ ᴛᴏ ᴇxᴄʜᴀɴɢᴇ ᴛʜɪɴɢs? ɢɪᴠᴇ ᴀɴ ᴇxᴀᴍᴘʟᴇ.
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⚫Money acts as medium of exchange. it helps people by saving thier time.
◾For example:- A shoemaker who wants money to buy wheat will first exchange his shoes for money and then money for wheat. This is why Money is helpful...
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→ The use of money makes it easier to exchange things because
1. It is accepted as a medium of exchange.
2. It serves as a unit of value.
3. It solves the problem of double coincidence of wants.
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