Economy, asked by Prince4203, 1 year ago

Why did monetary system of transaction better than trade barter system of transaction

Answers

Answered by pranjal0407
5

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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