History, asked by deepanshurathore, 1 year ago

why currency is taken as medium of exchange in comparison to barter system​.

Answers

Answered by poonam05
1

Answer:

Hey mate hope this answer may help you.....

Explanation:

The main advantage of money over barter is that money is always going to be usable. Barter is very often not possible. This is because of the need for what is called a “coincidence of wants” (sometimes called a “double coincidence of wants”).

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