Economy, asked by Anonymous, 11 months ago

ʜᴏᴡ ᴅᴏᴇs ᴛʜᴇ ᴜsᴇ ᴏғ ᴍᴏɴᴇʏ ᴍᴀᴋᴇ ɪᴛ ᴇᴀsɪᴇʀ ᴛᴏ ᴇxᴄʜᴀɴɢᴇ ᴛʜɪɴɢs? ɢɪᴠᴇ ᴀɴ ᴇxᴀᴍᴘʟᴇ.​

Answers

Answered by ItzDevilKing
5

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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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Answered by Anonymous
23

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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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