What is the use of money , 4 points with define of money
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medium of exchange , helps to resolve the problems of double coincidence of wants, accepted by all the people
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Heya.....
See here for your answer.....
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MONEY --
It is the commonly accepted medium of exchange to made economic transactions...
Or ...
Money is what that money does...
USES OF MONEY ---
• Money is used to settle sales and purchase...
• Money is used as a store value in future needs...
• It is the medium to made transaction and run the economy...
• It is used to give the value of the commodity for their exchange...
• Money is used to fullfill all the demands of any individual..
Thank you
See here for your answer.....
==================
MONEY --
It is the commonly accepted medium of exchange to made economic transactions...
Or ...
Money is what that money does...
USES OF MONEY ---
• Money is used to settle sales and purchase...
• Money is used as a store value in future needs...
• It is the medium to made transaction and run the economy...
• It is used to give the value of the commodity for their exchange...
• Money is used to fullfill all the demands of any individual..
Thank you
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