Why coins is better than barter system
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coins are better than barter system
easily movable=in barter system we need heavy laugage to exchange our material.
accuracy= in barter system if we give two buffaloe and other oerson need two goats then it is not accurate to another person.
but in coins if we give 25 ruoees then we also get 25rupees.
storage= coins are store in banks .
easily movable=in barter system we need heavy laugage to exchange our material.
accuracy= in barter system if we give two buffaloe and other oerson need two goats then it is not accurate to another person.
but in coins if we give 25 ruoees then we also get 25rupees.
storage= coins are store in banks .
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coin system is better than barter system because in barter system the exchange of product takes place but for example if you take rice and in exchange you give a hen. here hen and rice is exchange but after some times if hen dies or hen become more healthy in this way the value of hen can decrease or increase so in barter system values can increase and decrease but in coins the value will same after any period of time.in this way coin is better than barter system.
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