Economy, asked by harinisowkya8433, 1 year ago

What is the importance & needs of plastic money?

Answers

Answered by shru3
6
It helps from thieves to stole our money because when we keep plastic money thieves will not get to know that it is plastic money and they will be easily caught.

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Answered by nidhi1999
10
MEANING 
                 PLASTIC MONEY IS A TERM THAT IS USED PREDOMINATLY IN REFERENCE TO THE HARD PLASTIC CARD WE USE EVERYDAY IN PLACE OF ACTUAL BANK NOTES. THEY CAN COME IN MANY DIFFERENT FORMS SUCH AS CASH CARD, CRDIT CARDS, DEBIT CARD, PRE-PAID CASH CARD AND STORE CARD.

NEED AND IMPORTANCE 
         
1] IT IS EASY TO CARRY
2] IT IS EASY TO OPERATE
3] IT IS SAFER TO CARRY
4] DURABLE IN NATURE
5] HAS MORE SERCURITY COMPARED TO PAPER MONEY
6] LOWER COST, FASTER, CONVIENT, CONFORTABLE TO USE.
                         
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