Social Sciences, asked by naitik258, 1 year ago

What is money??? And any three uses...

Answers

Answered by brainlystargirl
12
Heya....

See here for your answer....

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Definition of money..

Money is what money does...

It is the commonly accepted instrument to act as a medium of exchange...

Uses of money...

** Money act as the medium of exchange to settle sell and purchase of the goods and services...

** Money is used to measure the value of a commodity in terms of its prices...

** Money is used to store the value for future needs...We can't store every item for future , so we kept money to purchase needs in future...

** Money set a standard for different payments,, all can be done by this...

-- Be Brainly...
Answered by Anonymous
4
heya...

Here is your answer...

Money is often defined in terms of the three functions or services that it provides.

Money serves as a medium of exchange, as a store of value, and as a unit of account.

Medium of exchange.

Money's most important function is as amedium of exchange to facilitate transactions.

It may help you...☺☺
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